text: debt owed to members of the Organisation for Economic Co-operation and Development (36 per cent), centrally planned economies (30 per cent) and countries of OPEC (the Organization of Petroleum Exporting Countries) (16 per cent). At a Paris Club meeting in October 1984, agreement was reached to provide debt relief on accumulated arrears as at 30 June I98{ as well as debt service payments falling due between I July 1984 and 30 June 1985. This still leaves an estimated $550 million in payments due in 1984-1986. In spite of the debt relief obtained, the debt service ratio at the end of 1984 was eguivalent to about 174 per cent of the value of exports of goods, not including accumulated arrears.A/40/44r English Paqe 72 Table 28 Mozambique: balance of payments (Billions of meticais) r98 2 198 3 1984 Trade balance Exports a/ Imports b/ Net factor income Current account balance Capital account Official capital grants Net medium and long- term loans (Scheduled amorti zation) Debt relief Errors and omissions Overall balance-20.9 L2.6 33.5 -0.9 -21.8 17.9 3.0 14 .9(r2.s) -t .5 -5.5-I8.9 8.8 27.7 -1.5 -20.4 6.4 3.6 2.8 (13.2) -0.6 -r4.5-L7.4 5.5 23.9 -2.8 -20.2 9.5 7.0 6.1(r5.e) 8.7 1.4 -12.0 !/ Merchandise and non-factor services. b/ Includes debt relief provided in 1984 in respect of 1983 ($US 58.9 million) and 1984 ($US f46.8 million). B. Foreiqn assistance 2l'0. Under present circumstances, the Government of Mozambique has been forced todevote much of its attention and effort to coping with the emergency situation. Itis grateful for the assistance received. It would emphasize the need to respondnot only to urgent emergency needs but also to the reguirements for rehabilitationand development.A/ 40 / 44L English Paqe 73 1. Emerqencv assistance 2tt. The emergency needs of Mozambique as presented at the country specific meeting
analysis: The text discusses Mozambique's debt situation, debt relief, and balance of payments, indicating a focus on the country's economic situation and international trade relations. The text also mentions foreign assistance and emergency needs, suggesting that humanitarian aid and relief may be relevant. However, the primary focus on economic development and debt relief suggests that the most fitting category is International trade, Economic development, and Humanitarian aid and relief.