The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
This Annual Progress Report reviews Mozambique's Economic and Social Plan for 2004. The report states that in 2004, public sector reforms were continued and consolidated. There was notable growth in social and economic infrastructure. The government was able to honor its budget execution commitments, channelling more resources into sectors prioritized in the Program for the Reduction of Absolute Poverty (PARPA) and keeping budget execution rates within the limits set in the budgetary legislation.