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Republic of Mozambique

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  • International Monetary Fund. African Dept.
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    Abstract

    Despite the difficult global environment, economic growth in Mozambique has remained buoyant. Inflation has come down more rapidly than anticipated. Foreign direct investment in the natural resource sector has resulted in rapid import growth. The contribution of coal production and exports and the implementation of large infrastructure projects are projected to boost economic growth. However, capacity building is urgently needed for the country to secure full benefits from an imminent natural resource boom. New mining and hydrocarbon framework laws have also been prepared.

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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=40214
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    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Staff Country Reports with number 13/1.

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    Length: 52
    Date of creation: 04 Jan 2013
    Date of revision:
    Handle: RePEc:imf:imfscr:13/1

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    Related research

    Keywords: Policy Support Instrument; Economic growth; Fiscal policy; Infrastructure; Natural resources; Public investment; Balance of payments; Monetary policy; Economic indicators; Staff Reports; Press releases; Performance criteria modifications; Mozambique; debt; loans; payments; external debt; debt management; public debt; taxpayers; taxes; treasury bills; interest; debt strategy; foreign borrowing; debt service; debt sustainability; external borrowing; current account; external public debt; credit risk; collections; government securities; domestic financing; current account deficit; credit expansion; expenditures; debt outstanding; repayment; domestic savings; external debt stock; external financing; foreign aid; external payments arrears; debt relief; obligations; public finance; domestic debt; installments; debt amortization; access to credit; debt stock; private sector borrowing; domestic borrowing; private credit; syndicated loans; public external debt; bailouts; debt forgiveness; external payments;

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