Republic of Mozambique: Staff Report for the 2002 Article IV Consultation, Fourth Review Under the Poverty Reduction and Growth Facility and Request for an Extension of the Poverty Reduction and Growth Facility Arrangement

International Monetary Fund

No 2002/140, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper examines the Republic of Mozambique’s 2002 Article IV Consultation, Fourth Review Under the Poverty Reduction and Growth Facility (PRGF), and a Request for an Extension of the PRGF Arrangement. Economic activity in Mozambique has recovered strongly from the devastating floods that reduced growth in 2000 to less than 2 percent. The authorities are seeking a one-year extension of the current PRGF arrangement to allow full disbursement of the committed amount in support of the reform program. The IMF staff welcomes the priority given by the authorities to comprehensive public sector reform.

Keywords: ISCR; CR; authority; PRGF arrangement; PRGF; exchange regime; Mozambican authorities; PRGF loan; authorities' intention; disbursement of SDR; Debt relief; Income and capital gains taxes; Income tax systems; Southern Africa; Africa; Global (search for similar items in EconPapers)
Pages: 81
Date: 2002-07-09
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