Republic of Mozambique: Selected Issues

International Monetary Fund

No 1998/059, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper on the Republic of Mozambique highlights that in the period 1987–97, the economy of Mozambique made impressive gains. Real GDP and exports grew on average by 6.8 percent and 15.6 percent, respectively, and the ratio of investment to GDP rose from 36.1 percent in 1987 to 45.2 percent in 1997. In the two years ended December 1996, the 12-month inflation rate fell dramatically from 70.1 percent to 16.6 percent.

Keywords: ISCR; CR; Mozambique; investment-to-GDP ratio; productivity of investment; ratio; wage compression ratio; growth performance; nonagricultural worker; Inflation; Total expenditures; Current spending; Real wages; Africa; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 122
Date: 1998-08-05
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