Description |
1 online resource (29 pages) : illustrations, map |
Series |
IMF Country Report ; No. 16/10 |
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IMF country report ; no. 16/10.
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Contents |
Macroeconomic and fiscal implications of natural gas project -- Monetary policy, banking structure and interest rates in Mozambique -- Fiscal policy and inclusive growth in Mozambique -- Fuel import and subsidy reform |
Summary |
This Selected Issues paper examines the macroeconomic and fiscal implications of natural gas project for Mozambique. Results, which are based on the IMF Fiscal Analysis of Resource Industries model, suggest that, by the mid-2020s, half of the country's output will be generated by natural gas. However, the fiscal revenues from the projects will remain moderate until the mid-2020s because of large depreciation costs for gas liquefaction facilities. Although the economic potential emerging from the projects is tremendous, macroeconomic and fiscal implications are quite sensitive to international commodity price developments and other risk factors, highlighting that the government's authorities would be well-advised in taking a cautious approach |
Notes |
"January 2016." |
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"Approved by African Department, prepared by Keiichiro Inui, Leandro Medina, Yuan Xiao, Christian Henn, Esther Palacio, Alex Segura-Ubiergo, and Felix Simione "--Page 2 of pdf |
Bibliography |
Includes bibliographical references (page 28) |
Notes |
Online resource; title from pdf title page (IMF Web site, viewed February 11, 2016) |
Subject |
International Monetary Fund -- Mozambique
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SUBJECT |
International Monetary Fund fast |
Subject |
Economic development -- Mozambique
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Fiscal policy -- Mozambique
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Natural gas -- Economic aspects -- Mozambique
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Banks and banking -- Mozambique
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Interest rates -- Mozambique
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Banks and banking
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Economic development
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Economic policy
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Fiscal policy
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Interest rates
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Natural gas -- Economic aspects
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SUBJECT |
Mozambique -- Economic policy
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Subject |
Mozambique
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Form |
Electronic book
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Author |
Inui, Keiichiro, (IMF staff)
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Medina, Leandro, (IMF staff)
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Xiao, Yuan, (IMF staff)
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Henn, Christian, 1978- (IMF staff)
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Palacio, Esther, (IMF staff)
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Segura-Ubiergo, Alex, (IMF staff)
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Simione, Felix, (IMF staff)
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International Monetary Fund.
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International Monetary Fund. African Department, issuing body.
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ISBN |
151353906X |
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9781513539065 |
ISSN |
1934-7685 |
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