At a Glance
- Current IMF membership: 190 countries
- Mozambique Joined the Fund in September 24, 1984; Article XIV.
- The Government of Mozambique has notified the International Monetary Fund (IMF) that it has accepted the obligations of Article VIII, Sections 2, 3, and 4 of the IMF Articles of Agreement, effective May 20, 2011.
- Total Quotas: SDR 227.2 million
- Outstanding Purchases and Loans: SDR 183.18 million (June 30, 2019)
- Last Article IV Consultation: The 2019 Article IV consultation staff report was discussed by the Executive Board on June 3, 2019. (Country Report No. 19/166)
Office Activities
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Economic Growth in Mozambique: the Role of Human Capital
Economic Growth in Mozambique: the role of Human Capital (available in Portuguese only) delivered on February 16, 2023 in Maputo at the Trade, Industry and Services Association (ACIS) Workshop.
February 16, 2023
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Presentation in Portuguese only.
November 7, 2022
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LIC DSFx course in Portuguese will launch at the beginning of August 2022.
Access Flyer for more information on how to register to IMF online course in Portuguese.
July 25, 2022
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Presentation of the April 2022 Regional Economic Outlook for Sub-Saharan Africa and Mozambique.
Resident Representative Alexis Meyer Cirkel delivers the following REO presentation in Maputo: Outro choque, menos opções (in Portuguese only).
May 19, 2022
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Presentation to the Trade, Industrial and Services Association Workshop
Resident Representative Alexis Meyer Cirkel delivers the following presentation Desenvolvimentos recentes e perspectivas para economia Moçambicana (in Portuguese only).
April 28, 2022
IMF's Work on Mozambique
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January 16, 2024
Series:Country Report No. 2024/008
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Transcript of IMF Press Briefing
January 11, 2024
My name is Julie Kozack. I'm the Director of Communications at the IMF. This briefing will be embargoed until 11:00 a.m. Eastern Time.
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January 8, 2024
The IMF Executive Board completed the Third Review under the Extended Credit Facility (ECF) Arrangement for Mozambique, providing the country with access to SDR 45.44 million (about US$60.7 million).
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IMF Staff Concludes Visit to Mozambique
November 1, 2023
IMF staff and the Mozambican authorities have discussed performance and policies underpinning the third review of the program under the ECF arrangement. Discussions were fruitful and will continue in the coming weeks aiming to reach Staff Level Agreement.
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July 13, 2023
Series:Country Report No. 2023/255
Regional Economic Outlook
April 19, 2024
A Tepid and Pricey RecoveryAfter four turbulent years, the outlook for sub-Saharan Africa is gradually improving. Growth will rise from 3.4 percent in 2023 to 3.8 percent in 2024, with nearly two thirds of countries anticipating higher growth. Economic recovery is expected to continue beyond this year, with growth projections reaching 4.0 percent in 2025. Additionally, inflation has almost halved, public debt ratios have broadly stabilized, and several countries have recently issued Eurobonds, ending a two-year hiatus from international markets. However, not all is favorable and risks to the outlook remain tilted to the downside. The funding squeeze persists as the region’s governments continue to grapple with financing shortages, high borrowing costs, and impending debt repayments. Amid the challenges, sub-Saharan African countries will need additional support from the international community to develop a more inclusive, sustainable, and prosperous future.
Read the Report
Departmental Papers on Africa
The Departmental African Paper Series covers research on sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.