01760cas a2200241 a 4500 AALejournalIMF003607 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451827217 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Mozambique : First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (78 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines Mozambique's First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). Mozambique's performance in 2004 relative to the main macroeconomic objectives of the PRGF-supported program was satisfactory. The fiscal performance through September 2004 was adversely affected by a significant revenue shortfall. The program for 2005 envisages slower growth of 7.3 percent and a further decline in inflation to 8.5 percent by year-end. The program includes additional measures to improve liquidity sterilization, including through the introduction of foreign exchange auctions by end-February 2005. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2005/168 Full text available on IMF http://elibrary.imf.org/view/journals/002/2005/168/002.2005.issue-168-en.xml IMF e-Library