Democratic Republic of the Congo : Request for the Rapid-Access Component of the Exogenous Shocks Facility and Report on the 2008 Staff Monitored Program

Author/Editor:

International Monetary Fund

Publication Date:

December 15, 2009

Electronic Access:

Free Full Text (PDF file size is 740 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses a request from Congo for the Rapid-Access Component of the Exogenous Shocks Facility. Performance on the 2008 staff-monitored program was mixed, complicated by the effects of the exogenous shock. Although weaknesses remain, the authorities strengthened public financial management, particularly with regard to urgent government expenditure. They also made progress in addressing IMF staff’s concerns about the debt sustainability implications of the Sino-Congolese mining and infrastructure cooperation agreement. The authorities are committed to implementing appropriate adjustment policies.

Series:

Country Report No. 09/317

Subject:

Notes:

Also available in French

English

Publication Date:

December 15, 2009

ISBN/ISSN:

9781451808469/1934-7685

Stock No:

1CODEA2009001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

35

Please address any questions about this title to publications@imf.org