Republic of Mozambique : Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Financing Assurances Review

1MOZEA2007001 Image
Price:  $18.00

Release Date: © February, 2007
ISBN : 978-1-45182-728-6
Stock #: 1MOZEA2007001
English
Stock Status: On back-order

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Description

The Fifth Review Under the Three-Year Arrangement under the Poverty Reduction and Growth Facility of the Republic of Mozambique explains macroeconomic performance. Growth has picked up, led by strength in the construction sector and a recovery in agricultural production. The strategy to consolidate macroeconomic stability in the context of scaling-up of foreign aid should sustain strong growth. The Bank of Mozambique (BM) will continue to target base money and facilitate absorption of the additional foreign aid while a strengthening of Public Financial Management (PFM) systems ensure a better monitoring of expenditures.

Taxonomy

Balance of payments , Economic development , Economic policy , Exchange rate policy , Fiscal policy , Foreign exchange , Inflation , Investment , Monetary policy




More publications in this series: IMF Staff Country Reports