Mozambique - Fourth Poverty Reduction Support Credit (Vol. 1 of 1 ) : Mozambique - Fourth Poverty Reduction Support Credit Project

Page 1 PROGRAM INFORMATION DOCUMENT (PID) CONCEPT STAGE Report No.: AB3386 Operation Name Fourth Poverty Reduction Support Credit Region AFRICA Sector General public administration sector (40%);Sub-national government administration (20%);General agriculture, fishing and forestry sector (20%);General industry and trade sector (10%);General finance sector (10%) Project ID P103277 Borrower(s) GOVERNMENT OF MOZAMBIQUE Implementing Agency Date PID Prepared October 18, 2007 Estimated Date of Appraisal Authorization November 27, 2007 Estimated Date of Board Approval February 14, 2008 1. Key development issues and rationale for Bank involvement Mozambique needs to implement growth-enhancing reforms and challenging institutional reforms to avoid a slow down in growth in the medium-term. Mozambique appears to be well placed to experience a long period of sustained per capita growth. It would be hazardous, however, to assume a