Democratic Republic of the Congo : Third Review of the Three-Year Arrangement Under the Extended Credit Facility, Financing Assurances Review, and Request for Modification of Performance Criteria: Staff Report and Press Release on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

July 20, 2011

Electronic Access:

Free Full Text (PDF file size is 683 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Satisfactory policy implementation continues in the program under challenging conditions, but the uncertain economic, social, and political environment will test this commitment. The program is flexible to accommodate a partial pass-through of higher world oil prices to domestic fuel prices and further pro-poor spending, but ongoing fiscal discipline will be essential to achieve the program’s fiscal objectives. The implementation of revenue-enhancing measures will require political will. Executive Directors welcome the efforts to implement the broad range of reforms in extractive industries.

Series:

Country Report No. 11/190

Subject:

Notes:

Also available in French

English

Publication Date:

July 20, 2011

ISBN/ISSN:

9781462341573/1934-7685

Stock No:

1CODEA2011002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

56

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