Source: International Monetary Fund (IMF) |

The Republic of Mozambique Implements the International Monetary Fund’s Enhanced General Data Dissemination System

The Enhanced General Data Dissemination System (e-GDDS) was established by the IMF’s Executive Board in May 2015 to support improved data transparency, encourage statistical development

The Republic of Mozambique has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing critical data through the National Summary Data Page (NSDP). The page aims to serve as a one-stop publication vehicle for essential macroeconomic data on the national accounts, government operations and debt,…

Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Executive Board Approves US$118.2 Million Rapid Credit Facility Assistance to the Republic of Mozambique in the Wake of Cyclone Idai

The financial assistance is intended to address large budgetary and external financing gaps arising from reconstruction needs after Cyclone Idai

The financial assistance is intended to address large budgetary and external financing gaps arising from reconstruction needs after Cyclone Idai, which caused significant loss of life and infrastructure damage; The authorities remain committed to macroeconomic stability, which will also be underpinned by the IMF’s financing. The Executive Board of the…

Source: International Monetary Fund (IMF) |

IMF Staff Completes 2019 Article IV Consultation Mission to Mozambique

Despite the likely adverse macroeconomic effects of Cyclone Idai in 2019, which are still being analyzed, the outlook is for a recovery in economic activity over the medium-term

While it is still early to precisely assess the macroeconomic effects of Cyclone Idai and reconstruction costs, these will be very significant; Despite the likely adverse macroeconomic effects of Cyclone Idai in 2019, which are still being analyzed, the outlook is for a recovery in economic activity over the medium-term;…

Source: International Monetary Fund (IMF) |

International Monetary Fund Staff Concludes Visit to Mozambique

An International Monetary Fund (IMF) staff team led by Ricardo Velloso visited Maputo during July 25–August 3, 2018

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. This mission will not result in a…

Source: International Monetary Fund (IMF) |

Peer-Learning Event on Gender Equality

Over the past two decades, Rwanda has emerged as a leader in advancing gender equality and is ranked among the top performing countries for women’s economic and political representation globally

The International Monetary Fund (IMF), the Rwanda Ministry of Gender and Family Promotion (MIGEPROF), UN Women and Uongozi Institute convened a peer learning event on gender equality in Kigali, Rwanda, November 2 to 4. The workshop aimed at: disseminating best-practices in promoting gender equality beyond the dissemination of theoretical approaches;…

Source: International Monetary Fund (IMF) |

IMF Staff Concludes Visit to Mozambique

Growth declined to 3.8 percent in 2016 and is now projected to edge up to 4.7 percent in 2017, mainly on account of a surge in coal production and exports

Performance in some sectors of the economy has improved since the latter part of 2016. Growth declined to 3.8 percent in 2016 and is now projected to edge up to 4.7 percent in 2017. Publication of the detailed summary of the Kroll audit report is welcomed; more needs to be…

Source: International Monetary Fund (IMF) |

IMF Hosts Conference on “Managing Capital Flows: Challenges for Developing Countries” in Zambia

The conference provided a forum for policy makers to share experiences on how best to reap the benefits from capital flows, while managing the risks

Participants agreed that capital flows to developing countries are generally beneficial—particularly in the current context of a much leaner environment—by providing an important source of financing for investments and by helping to maintain foreign exchange reserves. Participants agreed that (i) the composition of capital flows matters for financial stability and…

Source: International Monetary Fund (IMF) |

IMF Staff Team Concludes Visit to Mozambique

Discussions on a new IMF-supported program will continue in the first part of 2017

An IMF staff team headed by Michel Lazare visited Mozambique from December 1-12, 2016 to assess recent economic developments and discuss policies to support macroeconomic stability. As highlighted in a November 28 statement (see Press Release No.16/528), the team also initiated discussions on a new economic program that could be…

Source: International Monetary Fund (IMF) |

IMF Executive Board Considers Mozambique’s Misreporting Under the Policy Support Instrument and Breach of Obligation Under Article VIII, Section 5

The Executive Board also considered a recommendation by the Managing Director to reassess the past performance of the Republic of Mozambique under the PSI

The Executive Board of the International Monetary Fund (IMF) met today to consider a report from the Managing Director on misreporting by the Republic of Mozambique under the Policy Support Instrument (PSI), and a breach of obligation under Article VIII, Section 5, of the IMF's Articles of Agreement. The Executive…