Mozambique - Poverty Reduction Support Loan (PRSL I)

The present intervention focuses on the Poverty Reduction Support Loan (PRSL). It aims to reinforce economic reforms and good governance policies to accelerate growth and reduce poverty. The intended benefits of the operation are to help the GoM make further progress in reducing absolute poverty and achieving the MDGs through improved delivery of services. The resource flow should help the Government maintain macroeconomic stability while pursuing an ambitious reform agenda on public administration and private sector development. The PRSL focuses on the following strategic reforms: macroeconomic and Public Finance Management (PFM) reforms.