Category Archives: PAPERS and REPORTS
Africa IMF Reports : Benin 2009
IMF reports for Benin 2009
IMF Policy Paper: Benin – Assessment Letter for Donors
Summary: This letter provides an assessment of recent macroeconomic developments in Benin and an update on the discussions of Fund staff with the Beninese authorities on macroeconomic policies and structural reforms that could form the basis for the authorities’ request for a new arrangement supported by the International Monetary Fund.
Also available in French
http://www.imf.org/external/pp/longres.aspx?id=4399
Press Release: Statement by an IMF Mission to Burundi
http://www.imf.org/external/np/sec/pr/2009/pr09426.htm
Press Release: Statement by an IMF Staff Mission to Benin
http://www.imf.org/external/np/sec/pr/2009/pr09335.htm
Country Report No. 09/252: Benin: Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Nonobservance of Performance Criterion and Augmentation of Access – Staff Report; Staff Supplement; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Benin
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23187.0
Country’s Policy Intentions Documents — Benin: Letter of Intent and Memorandum of Economic and Financial Policies, June 8, 2009
http://www.imf.org/External/NP/LOI/2009/ben/060809.pdf
Press Release: IMF Executive Board Completes Sixth PRGF Review for Benin and Approves Increase of Financial Support by US$14.4 Million
http://www.imf.org/external/np/sec/pr/2009/pr09234.htm
Working Paper No. 09/115: The Macroeconomics of Scaling Up Aid: The Gleneagles Initiative for Benin
Author/Editor: Mongardini, Joannes; Samaké, Issouf
Summary: This paper assesses the macroeconomic implications of scaling up aid for Benin in line with the Gleneagles commitment to double aid to poor countries over the next three years to reach $85 per capita by 2010 and keep it at that level thereafter. The analysis suggests that the additional aid inflows can be accommodated under Fund-supported programs without major disruptions to macroeconomic stability, provided the inflows are highly concessional and used effectively. There are, however, significant risks that the impact on growth and poverty reduction of the additional aid inflows could fall short of expectations, given Benin’s limited absorptive and administrative capacity.
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22979.0
Press Release: Statement by an IMF Staff Mission to Benin
http://www.imf.org/external/np/sec/pr/2009/pr09123.htm
All information from http://www.imf.org
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Suggested Books (US)
- Africa and IMF Conditionality: The Unevenness of Compliance, 1983-2000 (African Studies)
- Benin: The Bradt Travel Guide
Africa IMF Reports : Senegal 2009
IMF reports for Senegal 2009
Country Report No. 10/13: Senegal: Fourth Review Under the Policy Support Instrument and Second Review Under the Exogenous Shocks Facility-Staff Report; Press Release.
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23534.0
Country’s Policy Intentions Documents — Senegal: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding
http://www.imf.org/External/NP/LOI/2009/sen/120409.pdf
Press Release: IMF Completes Second Review Under Senegal’s ESF Arrangement, Approves US$51 Million Disbursement and Completes Fourth Review of PSI
http://www.imf.org/external/np/sec/pr/2009/pr09462.htm
Country Report No. 09/205: Senegal: Third Review Under the Policy Support Instrument and First Review and Augmentation of Access Under the Exogenous Shocks Facility – Staff Report; Staff Supplement; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Senegal
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23071.0
Country’s Policy Intentions Documents — Senegal: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 5, 2009
http://www.imf.org/External/NP/LOI/2009/sen/060509.pdf
Press Release: IMF Executive Board Approves Increase in Financial Support under Senegal’s ESF, US$50 million Disbursement and Completes Third Review of PSI
http://www.imf.org/external/np/sec/pr/2009/pr09223.htm
Press Release: Statement at the Conclusion of an IMF Staff Mission to Senegal
http://www.imf.org/external/np/sec/pr/2009/pr09113.htm
All information from http://www.imf.org
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Suggested Books
- Senegals Groundnut Economy under Structural Adjustment: Liberalization at Risk of Failure
- Culture and Customs of Senegal (Culture and Customs of Africa)
- Africa and IMF Conditionality: The Unevenness of Compliance, 1983-2000 (African Studies)
Africa IMF Reports : Morocco 2009
IMF reports for Morocco 2009
Press Release: Statement of an IMF Mission on the 2009 Article IV Consultation with Morocco
http://www.imf.org/external/np/sec/pr/2009/pr09407.htm
Transcript of a Press Briefing by Caroline Atkinson, Director, External Relations, International Monetary Fund
http://www.imf.org/external/np/tr/2009/tr052109.htm
Working Paper No. 09/53: Credit Market in Morocco: A Disequilibrium Approach
Author/Editor: Allain, Laurence ; Oulidi, Nada
Summary: In this paper we use a disequilibrium framework common in the “credit crunch” literature, first to examine whether the slow credit growth in Morocco during the rapid expansion of liquidity in the first half of the decade can be attributed to credit rationing, and second to investigate the role of asset price increases in the recent acceleration of credit growth. Our results do not support the credit rationing hypothesis in the first half of the decade. They do however, show that the recent increase in real estate prices stimulated credit supply and demand, with a stronger effect on the latter.
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22779.0
All information from http://www.imf.org
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Suggested Books
- Africa and IMF Conditionality: The Unevenness of Compliance, 1983-2000 (African Studies)
- Morocco (Country Guide)
Africa IMF Reports : São Tomé and PrÃncipe 2009
IMF reports for São Tomé and PrÃncipe 2009
Working Paper No. 09/215: São Tomé and PrÃncipe: Domestic Tax System and Tax Revenue Potential
Author/Editor: Farhan, Nisreen H.
Summary: São Tomé and PrÃncipe is very open and highly depends on imports resulting in high indirect tax revenue. At the same time, the production and export base are very narrow, leaving the authorities with a small domestic tax base. For these reasons, the country compares unfavorably with neighboring economies and other island countries, in terms of domestic revenue in percent of GDP. The paper describes the domestic tax system in São Tomé and PrÃncipe and uses cross-country empirical analysis to reach a benchmark tax potential for the country. The paper reaches the conclusion that whether São Tomé and PrÃncipe becomes an oil producer or not, it is more sustainable for it to rely on non-oil domestic revenue-a less volatile and less exhaustible resource-to finance current expenditures. To meet the country’s increasing development and social objectives, the authorities need to mobilize sufficient domestic resources. The paper offers a number of fiscal reforms to reach this goal, including implementation of the new tax laws, reduction of exemptions, tax system reforms, and improvement of the tax administration.
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23320.0
Press Release: Statement at the Conclusion of an IMF Staff Mission in The Democratic Republic of São Tomé and PrÃncipe
http://www.imf.org/external/np/sec/pr/2009/pr09333.htm
Country Report No. 09/106: Democratic Republic of São Tomé and PrÃncipe: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility – Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Democratic Republic of São Tomé and PrÃncipe
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22843.0
Country’s Policy Intentions Documents — São Tomé and PrÃncipe, Democratic Republic of: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, February 6, 2009
http://www.imf.org/External/NP/LOI/2009/stp/020609.pdf
Press Release: IMF Executive Board Approves US$3.8 Million PRGF Arrangement for São Tomé and PrÃncipe
http://www.imf.org/external/np/sec/pr/2009/pr0954.htm
Press Release: IMF Executive Board Approves US$3.8 Million PRGF Arrangement for São Tomé and PrÃncipe
http://www.imf.org/external/np/sec/pr/2009/pr0954.htm
All information from http://www.imf.org
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Suggested Books
- Africa and IMF Conditionality: The Unevenness of Compliance, 1983-2000 (African Studies)
- Sao Tome and Principe (Bradt Travel Guide)
Related articles
- ‘The Chocolate Islands’ (africaunchained.blogspot.com)
Africa IMF Reports : Gabon 2009
IMF reports for Gabon 2009
Country Report No. 09/107: Gabon: Second and Third Reviews Under the Stand-By Arrangement and Requests for Waiver of Non-observance of Performance Criteria and Modification of Performance Criterion – Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Gabon
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22844.0
Country’s Policy Intentions Documents — Gabon: Letter of Intent and Technical Memorandum of Understanding, February 17, 2009
http://www.imf.org/External/NP/LOI/2009/gab/021709.pdf
Press Release: Statement at the Conclusion of an IMF Staff Mission to Zambia
http://www.imf.org/external/np/sec/pr/2009/pr0955.htm
All information from http://www.imf.org
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Suggested Book
- Gabon, Sao Tome & Principe: The Bradt Travel Guide
- Africa and IMF Conditionality: The Unevenness of Compliance, 1983-2000 (African Studies)
Africa IMF Reports : Togo 2009
IMF reports for Togo 2009
Country’s Policy Intentions Documents – Togo: Letter of Intent, October 30, 2009
http://www.imf.org/External/NP/LOI/2009/tgo/103009.pdf
Press Release: IMF Executive Board Completes Third Review Under PRGF Arrangement with Togo and Approves the Disbursement of US$14 million
http://www.imf.org/external/np/sec/pr/2009/pr09430.htm
Press Release: Statement at the Conclusion of an IMF Staff Mission to Togo
http://www.imf.org/external/np/sec/pr/2009/pr09317.htm
Country Report No. 09/194: Togo: 2009 Article IV Consultation and Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility – Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Togo
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23042.0
Country Report No. 09/165: Togo: Selected Issues
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22973.0
Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Togo
http://www.imf.org/external/np/sec/pn/2009/pn0955.htm
Country’s Policy Intentions Documents — Togo: Letter of Intent, April 1, 2009
http://www.imf.org/External/NP/LOI/2009/tgo/040109.pdf
Press Release: IMF Executive Board Completes Second Review under PRGF with Togo and Approves US$26.6 million Disbursement
http://www.imf.org/external/np/sec/pr/2009/pr09135.htm
MF Policy Paper: Managing Public Debt-Formulating Strategies and Strengthening Institutional Capacity
Summary: In May 2007, the IMF and World Bank Boards discussed the paper “Strengthening Debt Management Practices: Lessons from Country Experiences and Issues Going Forward”. In those discussions, the Boards of both institutions endorsed a public debt management (PDM) work program that was particularly focused on strengthening frameworks and capacity in low-income countries (LICs). This comprised three main elements: (i) develop a toolkit to help LICs formulate an effective Medium-Term Debt Management Strategy (MTDS) and apply it in 4-6 countries a year; (ii) undertake debt management performance assessments; and (iii) continue the provision of debt management and domestic market development technical assistance (TA) and advisory services to middle-income countries (MICs). This paper is a response to the Boards’ request for an update on the development and implementation of that work program.
Prepared by a Bank-Fund staff team supervised by Udaibir S. Das (IMF) and Carlos Braga and Phillip Anderson (World Bank). The staff team consisted of Allison Holland, Peter Kunzel, Abha Prasad, Francis Rowe, Abdourahmane Sarr, and Eriko Togo
Developing a Medium-Term Debt Management Strategy (MTDS)- Guidance Note for Country Authorities
Debt Management Performance Assessment Tool (DEMPA)
http://www.imf.org/external/pp/longres.aspx?id=4326
Press Release: Statement by an IMF Staff Mission to Togo
http://www.imf.org/external/np/sec/pr/2009/pr0949.htm
IMF Policy Paper: Togo – Assessment Letter for the World Bank
Summary: This note provides the IMF staff assessment of recent macroeconomic developments in Togo and progress under the Fund-supported three-year Poverty Reduction and Growth Facility program (PRGF) starting from January 2008 based on preliminary information through end-December 2008.
http://www.imf.org/external/pp/longres.aspx?id=4312
All information from http://www.imf.org
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Suggested Books
- The Political Economy of Economic Growth in Africa, 1960-2000 (Country Case Study Series) (Volume 2)
- The Rough Guide to West Africa 5 (Rough Guide Travel Guides)
Africa IMF Reports : Algeria 2009
IMF reports for Algeria 2009
Press Release: Statement of the IMF Mission on the 2009 Article IV Consultation Discussion with Algeria
http://www.imf.org/external/np/sec/pr/2009/pr09388.htm
Press Release: Algeria Begins Participation in the IMF’s General Data Dissemination System (GDDS)
http://www.imf.org/external/np/sec/pr/2009/pr09132.htm
Country Report No. 09/108: Algeria: 2008 Article IV Consultation – Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Algeria
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22846.0
Country Report No. 09/111: Algeria: Statistical Appendix
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22855.0
Public Information Notice: IMF Executive Board Concludes 2008 Article IV Consultation with Algeria
http://www.imf.org/external/np/sec/pn/2009/pn0925.htm
All information from http://www.imf.org
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Suggested Books
Africa IMF Reports : Liberia 2009
IMF reports for Liberia 2009
Country Report No. 09/332: Liberia: Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver and Modification of PerformanceCriteria, and Financing Assurances Review–Staff Report; Informational Annex; andPress Release
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23492.0
Country’s Policy Intentions Documents — Liberia: Letter of Intent
http://www.imf.org/External/NP/LOI/2009/lbr/120209.pdf
Press Release:IMF Executive Board Completes Third Review Under PRGF Arrangement for Liberia and Approves US$7 Million Disbursement
http://www.imf.org/external/np/sec/pr/2009/pr09469.htm
Press Release: IMF Staff Statement at the Conclusion of PRGF Review Mission to Liberia
http://www.imf.org/external/np/sec/pr/2009/pr09380.htm
Country Report No. 09/177: Liberia: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver and Modification of Performance Criteria, and Financing Assurances Review – Staff Report; Staff Supplement; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Liberia
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23001.0
Press Release: IMF Executive Board Completes Second Review Under PRGF for Liberia and Approves US$10.5 Million Disbursement
http://www.imf.org/external/np/sec/pr/2009/pr09154.htm
Country’s Policy Intentions Documents — Liberia: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, April 15, 2009
http://www.imf.org/External/NP/LOI/2009/lbr/041509.pdf
Working Paper No. 09/37: Dedollarization in Liberia-Lessons from Cross-country Experience
Author/Editor: Erasmus, Lodewyk; Leichter, Jules; Menkulasi, Jeta
Summary: Liberia’s experience with a dual currency regime, with the U.S. dollar enjoying legal tender status, dates to its founding as a sovereign country in 1847. Following the end of the most recent episode of civil war in late-2003, the new government has expressed interest in strengthening the role of the Liberian dollar. Liberia, however, is heavily dollarized, with the U.S. dollar estimated to account for about 90 percent of money supply. Cross-country experience suggests that dollarization does not preclude monetary policy from achieving its primary objective of price stability, and that successful and lasting dedollarization may be difficult to achieve.
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22709.0
Press Release: IMF Staff Statement at the Conclusion of a PRGF Review Mission to Liberia
http://www.imf.org/external/np/sec/pr/2009/pr0951.htm
All information from http://www.imf.org
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Suggested Book
Culture and Customs of Liberia (Culture and Customs of Africa)
Africa IMF Reports : Equatorial Guinea 2009
IMF reports for Equatorial Guinea 2009
Country Report No. 09/98: Republic of Equatorial Guinea:
Statistical Appendix
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22814.0
Country Report No. 09/99: Republic of Equatorial Guinea:
Selected Issues
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22815.0
Country Report No. 09/102: Republic of Equatorial Guinea:
2008 Article IV Consultation – Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Equatorial Guinea
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22829.0
Public Information Notice:
IMF Executive Board Concludes 2008 Article IV Consultation with the Republic of Equatorial Guinea
http://www.imf.org/external/np/sec/pn/2009/pn0926.htm
All information from http://www.imf.org
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Suggested BooksÂ
Africa IMF Reports : The Gambia 2009
IMF reports for The Gambia 2009
Press Release: IMF Concludes Visit to The Gambia for the Sixth Review of the Three-Year Program Under the Poverty Reduction and Growth Facility
http://www.imf.org/external/np/sec/pr/2009/pr09391.htm
Working Paper No. 09/192: The Gambia: Demand for Broad Money and Implications for Monetary Policy Conduct
Author/Editor: Sriram, Subramanian S.
Summary: This paper evaluates the demand for broad money (M2) in The Gambia for January 1988-June 2007. There appears to be a long-run relationship for demand for real M2, but the relationship is not stable. Exogenous output shocks, financial innovation, changes in income velocity, and inadequate data quality contribute to the instability. The authorities may need to apply the monetary targeting regime flexibly in the overall objective of preserving price stability. A possible option for The Gambia is to become an inflation targeter lite.
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23235.0
Country Report No. 09/268: The Gambia – Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for a Waiver of Nonobservance of Performance Criterion – Staff Report; and Press Release
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23225.0
Country’s Policy Intentions Documents — Gambia, The: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, July 20, 2009
http://www.imf.org/External/NP/LOI/2009/gmb/072009.pdf
Press Release: IMF Completes the Fifth Review Under The Gambia’s PRGF Arrangement and Approves a US$8 Million Disbursement
http://www.imf.org/external/np/sec/pr/2009/pr09279.htm
Press Release: Statement by IMF Mission to The Gambia on Progress Under the PRGF-Supported Program
http://www.imf.org/external/np/sec/pr/2009/pr09183.htm
Country Report No. 09/92: The Gambia – Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for a Waiver of Nonobservance of Performance Criterion, Augmentation of Access, and Modification of Performance Criteria – Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for The Gambia
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22772.0
Country Report No. 09/75: The Gambia: Poverty Reduction Strategy Paper – Annual Progress Report
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22748.0
Country Report No. 09/76: The Gambia: Poverty Reduction Strategy Paper – Annual Progress Report – Joint Staff Advisory Note
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22749.0
Country Report No. 09/75: The Gambia: Poverty Reduction Strategy Paper – Annual Progress Report
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22748.0
Country Report No. 09/76: The Gambia: Poverty Reduction Strategy Paper – Annual Progress Report – Joint Staff Advisory Note
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22749.0
Press Release: IMF Executive Board Completes Fourth Review Under PRGF Arrangement for The Gambia and Approves US$9.2 Million Augmentation and US$7.5 Million Disbursement
http://www.imf.org/external/np/sec/pr/2009/pr0942.htm
Country’s Policy Intentions Documents — Gambia, The: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, February 3, 2009
http://www.imf.org/External/NP/LOI/2009/gmb/020309.pdf
All information from http://www.imf.org
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Suggested Book
Africa IMF Reports : South Africa 2009
IMF reports for South Africa 2009
IMF Survey: Sound Policies Shield South Africa from Worst of Recession
Sound macroeconomic policies have helped cushion the impact of South Africa’s first recession since 1992, the IMF says. In its regular assessment of South Africa’s economy, the IMF stresses the importance of progress on structural reforms to remove long-standing barriers to growth and employment.
http://www.imf.org/external/pubs/ft/survey/so/2009/car092509a.htm
Working Paper No. 09/196: The Derivatives Market in South Africa: Lessons for sub-Saharan African Countries
Author/Editor: Adelegan, Olatundun Janet
Summary: This paper examines the role of the derivatives market in South Africa and provides policy options for promoting the development of derivatives markets in sub-Saharan Africa. South Africa’s derivatives market has grown rapidly in recent years, supporting capital inflows and helping market participants to price, unbundle and transfer risk. There are tight regulations on asset allocations by insurance and pension funds to prevent excessive risk taking. The development of derivatives markets in sub-Saharan African countries could enable market participants to self-insure against volatile capital flows. Theiroverdependence on bank credit as a source of funding could be reduced and their management of seasonal risk could be improved through the introduction of commodity futures. However, these markets must be appropriately regulated and supervised. Since such markets would likely be small, consideration should be given to the establishment of a regional derivatives market.
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23250.0
Country Report No. 09/273: South Africa: 2009 Article IV Consultation – Staff Report; Staff Statement and Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for South Africa
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23264.0
Country Report No. 09/273: South Africa: 2009 Article IV Consultation – Staff Report; Staff Statement and Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for South Africa
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23264.0
Country Report No. 09/276: South Africa: Selected Issues
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23267.0
Public Information Notice: IMF Concludes 2009 Article IV Consultation with South Africa
http://www.imf.org/external/np/sec/pn/2009/pn09114.htm
Working Paper No. 09/25: Why Isn’t South Africa Growing Faster? A Comparative Approach
Author/Editor: Eyraud, Luc
Summary: The purpose of this paper is to examine factors that have constrained South Africa’s growth since the end of apartheid by comparing its GDP components and its saving and investment performance with those of 10 faster-growing countries. The study finds that sluggish investment has undermined growth since 1996 and that the underinvestment is in part explained by limited saving. Thus, over the last decade, interactions between investment, saving, and production may have perpetuated slow growth in South Africa.
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22559.0
All information from http://www.imf.org
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Suggested Book
Africa IMF Reports : Mozambique 2009
IMF reports for Mozambique 2009
Country Report No. 09/327: Republic of Mozambique: Fifth Review Under the Policy Support Instrument, First Review Under the Twelve-Month Arrangement Under the Exogenous Shocks Facility, and Request for Modification of Assessment/Performance Criteria-Staff Report and Press Release
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23456.0
Country’s Policy Intentions Documents — Mozambique, Republic of: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, November 18, 2009
http://www.imf.org/External/NP/LOI/2009/moz/111809.pdf
Press Release: IMF Completes the Fifth Review Under the Policy Support Instrument and the First Review Under the Exogenous Shocks Facility for Mozambique
http://www.imf.org/external/np/sec/pr/2009/pr09450.htm
Press Release: Statement at the Conclusion of an IMF Staff Mission to Mozambique
http://www.imf.org/external/np/sec/pr/2009/pr09328.htm
Working Paper No. 09/165: An Assessment of External Price Competitiveness for Mozambique
Author/Editor: Vitek, Francis
Summary: This paper conducts an assessment of external price competitiveness for Mozambique. A variety of indicators suggest that Mozambique has recently lost external price competitiveness with respect to its major trading partners. Consistent with these indicators, an exchange rate assessment indicates that the metical is overvalued by 26 to 41 percent in real effective terms. If sustained, an overvaluation of this magnitude has the potential to retard economic growth and jeopardize external stability, calling for an adjustment of monetary policy to gradually restore external price competitiveness.
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23164.0
Country Report No. 09/227: Republic of Mozambique: 2009 Article IV Consultation, Fourth Review Under the Policy Support Instrument, and Request for a Twelve-Month Arrangement Under the Exogenous Shocks Facility – Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Mozambique
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23142.0
Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Mozambique
http://www.imf.org/external/np/sec/pn/2009/pn0985.htm
Country’s Policy Intentions Documents — Mozambique, Republic of: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, May 13, 2009
http://www.imf.org/External/NP/LOI/2009/moz/051309.pdf
Press Release: IMF Executive Board Approves US$176 Million Exogenous Shocks Facility for Mozambique and Completes Fourth Review Under the Policy Support Instrument
http://www.imf.org/external/np/sec/pr/2009/pr09247.htm
Press Release: IMF Mission Calls for Fiscal Stimulus in Mozambique
http://www.imf.org/external/np/sec/pr/2009/pr09165.htm
Country Report No. 09/117: Republic of Mozambique: Poverty Reduction Strategy Paper – Annual Progress Report – Joint Staff Advisory Note
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22862.0
Country Report No. 09/116: Republic of Mozambique: Poverty Reduction Strategy Paper – Annual Progress Report – Review of the Economic and Social Plan for 2007
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22861.0
Country Report No. 09/49: Republic of Mozambique: Third Review Under the Policy Support Instrument – Staff Report; Staff Supplement; and Press Release
http://www.imf.org/external/pubs/cat/longres.cfm?sk=22691.0
Country’s Policy Intentions Documents — Mozambique, Republic of: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, October 29, 2008
http://www.imf.org/External/NP/LOI/2008/moz/102908.pdf
All information from http://www.imf.org
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Suggested Books (US)
- Beating the Odds: Sustaining Inclusion in Mozambique’s Growing Economy (Directions in Development) (Directions in Development)
- Mozambique (Country Guide)