Cover IMF Staff Country Reports
Buy Book in Print
Mozambique: Recent Economic Developments
Author:
International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar Close
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 1996: Issue 142
Language:
English
Publication Date:
23 Jan 1997
DOI:
https://doi.org/10.5089/9781451827033.002
ISBN:
9781451827033
ISSN:
1934-7685
Pages:
106
Keywords:
ISCR; CR; U.S. dollar; exchange rate; private sector; foreign aid; debt service; efficiency ratio; Tariffs; Imports; Exports; Agricultural commodities; Transportation; Africa
Download PDF (5.3 MB) Download Epub
This paper reviews economic developments in the Republic of Mozambique during 1990–96. Under the Economic and Social Rehabilitation Program (ESRP), the economy has made impressive economic gains. Real GDP growth averaged 6.7 percent in 1987–95, despite the civil war, a decline in the terms of trade, and natural disasters. Investment and export volumes are growing rapidly. These achievements have been capped in the last two years (1995–96) by a dramatic decline in inflation—from 70 percent in 1994 to 13 percent in the first eight months of 1996.
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund