Republic of Mozambique: Fifth Review Under The Policy Support Instrument And Request For Modification Of Assessment Criteria

International Monetary Fund

No 2013/001, IMF Staff Country Reports from International Monetary Fund

Abstract: Despite the difficult global environment, economic growth in Mozambique has remained buoyant. Inflation has come down more rapidly than anticipated. Foreign direct investment in the natural resource sector has resulted in rapid import growth. The contribution of coal production and exports and the implementation of large infrastructure projects are projected to boost economic growth. However, capacity building is urgently needed for the country to secure full benefits from an imminent natural resource boom. New mining and hydrocarbon framework laws have also been prepared.

Keywords: ISCR; CR; credit growth; inflation environment; net international reserves; import price development; hydrocarbon revenue forecasting; maize price; natural resource sector; lower-than-projected inflation; price expectation; natural resource wealth; revenue underperformance; inflation rate; feasibility study; Non-renewable resources; Credit; Mining sector; Loans; Global (search for similar items in EconPapers)
Pages: 52
Date: 2013-01-04
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=40214 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2013/001

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().