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.
Main objectives of this paper are to assess Mozambique's progress in implementing its program of economic reform under IMF-supported programs since 1987, and to draw lessons for a possible successor arrangement. Four IMF-supported programs were carried out in Mozambique during the period 1987-03. The main developments under IMF-supported programs and evaluation of the country's performance are described. The study focused on aid effectiveness and also discussed the possible continuation of IMF support. A chronology of main policy measures adopted are also presented in detail.