Mozambique: Notes from the 2022 IMF Annual Meetings
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IMF Board approval of first review, following recent staff level agreement, expected in December if not sooner
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Good start to the programme, with strengthening economic recovery, proactive monetary policy and improving fiscal
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Progress on fiscal reforms (VAT and public sector wage bill) while debt continues to fall helped by LNG; maintain Buy
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
The Analyst certifies that the views and forecasts expressed in this report accurately reflect their personal views about the subject, securities, or issuers specified herein. In addition, the Analyst certifies that no part of their compensation was, is, or will be directly or indirectly related to the specific recommendations or views expressed in this report.