01982cas a2200241 a 4500 AALejournalIMF014175 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484390429 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Republic of Mozambique : First Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria-Staff Report; Press Release. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (52 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The Executive Board of the IMF has completed the first review under the three-year Policy Support Instrument (PSI) for Mozambique. Mozambique's macroeconomic performance remains strong: real GDP growth for 2013 is estimated at 7.1 percent and inflation remains moderate. The PSI-supported program is broadly on track. Structural reforms along a broad policy spectrum should be implemented vigorously to foster sustained and more inclusive growth. With foreign aid likely to decline over the medium term, increased nonconcessional borrowing can provide additional resources for improving physical infrastructure and human capital. Further strengthening debt management and investment planning and implementation are essential to ensure value for money, maximize the efficiency of investment, and preserve debt sustainability. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2014/020 Full text available on IMF http://elibrary.imf.org/view/journals/002/2014/020/002.2014.issue-020-en.xml IMF e-Library