IMF staff team concludes technical virtual mission to Mozambique

6th April 2021 By: Tasneem Bulbulia - Senior Contributing Editor Online

An International Monetary Fund (IMF) mission team held a virtual staff visit with the Mozambican authorities, concluding on March 2.

Discussions centred on macroeconomic prospects and policies to manage the difficult economic circumstances created by the Covid-19 pandemic, and the authorities’ reform agenda for the next few years.

IMF staff and the authorities share a broadly similar assessment of economic prospects for this year and the medium-term, with staff acknowledging the authorities’ adroit economic management in the face of a series of shocks in the past years, the IMF says.

It notes that it remains closely engaged with the authorities in developing policy reforms in fiscal, monetary and financial, and governance areas, including strong collaboration through technical assistance.