Republic of Mozambique: Diagnostic Report on Transparency, Governance and Corruption

International Monetary Fund

No 2019/276, IMF Staff Country Reports from International Monetary Fund

Abstract: This Diagnostic Report on Transparency, Governance and Corruption for the Republic of Mozambique highlights that the economy is at a turning point, and efforts to address governance and corruption vulnerabilities can have a lasting positive impact. The current levels of public debt have caused us to take a hard look at our governance and anticorruption framework and have prompted various reforms to address the vulnerabilities exposed in this framework. The governance and anticorruption framework is not consistently or comprehensively enforced. The rule of law is undermined by the insufficient implementation of existing legislation and regulations, including, in some cases through the absence of necessary regulations and explanatory guidelines. Civil society, the private sector, and the development partners in Mozambique also have critical roles to play. In addition, issues related to poor governance and corruption cannot be effectively addressed unless similar attention is paid to their transnational aspects, which need to be handled at a regional and global level, in multilateral and other international fora.

Keywords: ISCR; CR; government ownership assessment; State administration; SOE portfolio; organic law; procurement contract; banking law; central bank; debt management; company registry; Corruption; Anti-money laundering and combating the financing of terrorism (AML/CFT); Fiscal governance; Government debt management; Southern Africa; Sub-Saharan Africa; East Africa; Global (search for similar items in EconPapers)
Pages: 57
Date: 2019-08-23
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