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Social Science > Poverty and Homelessness

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Cover IMF Staff Country Reports
Republic of Mozambique: Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Financing Assurances Review
International Monetary Fund
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.
Keywords:
ISCR; CR; group mission; government; Cahora Bassa dam; Hidroeletrica de Cahora Bassa; World Bank staff; petroleum sector; recourse financing; staff appraisal; Total expenditures; Global