Republic of Mozambique : Fourth Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Mozambique

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Republic of Mozambique : Fourth Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Mozambique
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Volume/Issue:
2015/223
Series:
IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
August 2015
DOI:
http://dx.doi.org/10.5089/9781513533568.002
ISBN:
9781513533568
ISSN:
1934-7685
Page:
80
This paper discusses Republic of Mozambique's Fourth Review Under the Policy Support Instrument (PSI) and Request for Modification of Assessment Criteria. Although program performance at end-2014 was mixed, the implementation of the structural reform agenda has improved, and the new government has expressed strong commitment to program implementation, including through strong policy adjustment, credible corrective measures, and new steps to improve fiscal transparency. Maintaining fiscal discipline over the medium term through a more prudent debt management strategy will be essential to preserve debt sustainability. The IMF staff recommends the completion of the fourth PSI review.

IMF Executive Board Completes Fourth Policy Support Instrument for Mozambique

Author(s):
International Monetary Fund. African Dept.
Published Date:
August 2015
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