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IMF Country Report No. 23/46
REPUBLIC OF MOZAMBIQUE
TECHNICAL ASSISTANCE REPORT ON PUBLIC SECTOR DEBT STATISTICS MISSION (OCTOBER 19-30, 2020)
January 2023
This report on the Republic of Mozambique was prepared by a staff team of the International Monetary Fund. It is based on the information available at the time it was completed in February 2021.
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This report was prepared in 2021 and the Republic of Mozambique consented to its publication in 2023. The report is being published as it was written at the time.
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Title page
Republic of Mozambique
Report on Public Sector Debt Statistics (October 19–30, 2020)
February 2021
Prepared by Djaima Da Costa and Filipe Morais
The contents of this report constitute technical advice provided by the staff of the International Monetary Fund (IMF) to the authorities of Mozambique (the “TA recipient”) in response to their request for technical assistance. This report (in whole or in part) or summaries thereof may be disclosed by the IMF to IMF Executive Directors and members of their staff, as well as to other agencies or instrumentalities of the TA recipient and, upon their request, to World Bank staff, and other technical assistance providers and donors with legitimate interest, unless the TA recipient specifically objects to such disclosure (see Operational Guidance for the Dissemination of Capacity Development Information). Publication or disclosure of this report (in whole or in part) or summaries thereof to parties outside the IMF other than agencies or instrumentalities of the TA recipient, World Bank staff, other technical assistance providers and donors with legitimate interest shall require the explicit consent of the TA recipient and the IMF Statistics Department.
Contents
Glossary
SUMMARY OF MISSION RESULTS AND PRIORITY RECOMMENDATIONS
INTRODUCTION
DETAILED TECHNICAL ASSESSMENT AND RECOMMENDATIONS
A. Coordination of the PSDS compilation process
B. Institutional Coverage
C. Data and respective sources
i. Reconciliation of domestic debt
ii. Reconciliation of external debt
iii. Reconciliation of central government deposits
D. PSDS Concepts and Definitions
E. Compilation of annual and quarterly PSDS 2016–2019
F. Resources, training, and technical assistance
FIGURES
1. Public Sector of the Republic of Mozambique
TABLES
1. Priority Recommendations
2. Detailed Recommendations / Plan of Action
3. PSDS Compilation Process – Data and Respective Sources
4. 2016–2019 Domestic Debt Reconciliation
5. Differences in External Debt 2016–2019 – Debt vs. IIP Report
6. Detail of Central Government Deposits Reported in the Monetary Survey
7. Gross Public Sector Debt Stock by Sub-sector – Preliminary
8. Central Government Gross Debt Stock per holder/instrument – Preliminary
9. Quarterly Central Government Gross Debt Stock – Preliminary
10. Central Government Net Debt Stock – Preliminary
APPENDICES
I. Senior Staff and Technicians Contacted During the Mission
11. Protocol for institutional cooperation on government statistics
III. Institutional Structure of General Government
IV. List of public sector entities
Glossary
| AFR | African Department of the IMF |
| BCG | Budgetary Central Government |
| BM | Bank of Mozambique |
| BVM | Mozambique Stock Exchange |
| CGE | Annual Public Financial Report |
| CSE | Higher Council of Statistics |
| D4D | Data for Decisions (Multidonor trust fund) |
| DNCP | National Directorate of Public Accounting |
| DNGDP | National Directorate of Public Debt Management |
| DNPE | National Directorate Public Assets |
| DNPED | National Directorate for Economic and Development Policies |
| DNPO | National Directorate of Planning and Budget |
| DNTCEF | National Directorate of Treasury, and Economic and Financial Cooperation |
| DSA | Debt Sustainability Analysis |
| e-SISTAFE | State Electronic Financial Management System |
| GDP | Gross Domestic Product |
| GFS | Government Finance Statistics |
| GFSCC | Government Finance Statistics Compilation Committee |
| GFSM 2014 | Government Finance Statistics Manual 2014 |
| GG | General Government |
| GGR | Risk Management Office |
| IGEPE | State Shareholdings Management Institute |
| IMF | International Monetary Fund |
| INE | National Institute of Statistics |
| INSS | National Social Security Institute |
| PSDSG | Public Sector Debt Statistics: A Guide for Compilers and Users 2011 |
| QPSDS | Quarterly Public Sector Debt Statistics |
| STA | Statistics Department of the IMF |
| TA | Technical assistance |
| EBU | Extrabudgetary Units |
