Republic of Mozambique : Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Financing Assurances Review, and Request for Modification of Performance Criteria.

Mozambique's strong macroeconomic performance continued in 2005 and early 2006, despite exogenous shocks. Fiscal results were commendable, and all performance criteria through end-March 2006 were met. Although the macroeconomic outlook remains favorable, vigilance will be required, in light of...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Staff Country Reports; Country Report ; No. 2006/254
Online Access:Full text available on IMF
Description
Summary:Mozambique's strong macroeconomic performance continued in 2005 and early 2006, despite exogenous shocks. Fiscal results were commendable, and all performance criteria through end-March 2006 were met. Although the macroeconomic outlook remains favorable, vigilance will be required, in light of volatile oil prices and unpredictable weather. The main challenges are sustaining broad-based economic growth and making further inroads in alleviating poverty through the implementation of a poverty reduction strategy for 2006-09. The authorities' commitment to create sufficient fiscal space for priority investments is welcomed.
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Physical Description:1 online resource (94 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students