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Handmade African sea grass baskets. iStockPhoto.

Republic of the Congo Resident Representative Site

Resident Representative Office in the Republic of the Congo

March 2010

This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between the Republic of the Congo and the IMF. Additional information can be found on Republic of the Congo and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with the Republic of the Congo.

News and Highlights

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2010 – A Banner Year for Debt Relief to Africa

The IMF’s African Department is the hub of the institution’s engagement with low-income member countries. Over the past year, 13 new programs were approved under the IMF’s Policy Support Instrument, and Extended Credit Facility, more flexible policies were implemented to allow for flexible financing of infrastructure investment, and policy advice focused on restoring “macroeconomic buffers” that enabled effective policy responses to mitigate the worst of the impact of the 2009 global economic crisis. click for more

Africa Faces Twin Challenges After Global Crisis

With world recovery under way, Africa faces the twin challenges of reviving strong growth and reinforcing resilience to the economic shocks that regularly batter the continent, IMF officials say as Managing Director Dominique Strauss-Kahn embarks on a three-country visit to the region. click for more

Private Sector Gains Ground in Africa

The growing role of the private sector in Africa has been credited by a top IMF official for sustaining foreign investment during the recent global slump. click for more

Stronger Policies Helped Africa Through Global Crisis

Stronger monetary and budget policies, together with structural reforms in many countries, helped Africa come through the global financial crisis better than in the past, IMF First Deputy Managing Director John Lipsky said. click for more

All About Goals as Africa Shows Signs of Recovery

World attention will fall on South Africa as it hosts the soccer World Cup later this year, but a successful tournament won’t be the only goal in the sights of African countries. click for more

Republic of the Congo and The IMF

Press Release: Statement at the end of an IMF Staff Visit to the Republic of Congo

March 18, 2013

Republic of Congo: Staff Report for the 2012 Article IV Consultation

October 12, 2012
Series: Country Report No. 12/283
Notes:
Also available in French click for more

Macroeconomic Policy Frameworks for Resource-Rich Developing Countries--Analytic Frameworks and Applications

August 24, 2012
Subject: Natural resources | Republic of Congo | Developing countries | Fiscal policy | Oil revenues | Savings | Investment | Government expenditures | Monetary policy | Exchange rate policy click for more

Republic of Congo: Poverty Reduction Strategy Paper

August 14, 2012
Series: Country Report No. 12/242 click for more

Republic of Congo: Joint Staff Advisory Note on the Poverty Reduction Strategy Paper

August 14, 2012
Series: Country Report No. 12/243 click for more

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Regional Economic Outlook for Sub-Saharan Africa

image from the publication cover

Growth remained strong in the region in 2012, with regional GDP rates increasing in most countries (excluding Nigeria and South Africa). Projections point to a moderate, broad-based acceleration in growth to around 5½ percent in 2013¬14, reflecting a gradually strengthening global economy and robust domestic demand. Investment in export-oriented sectors remains an important economic driver, and an agriculture rebound in drought-affected areas will also help growth. Uncertainties in the global economy are the main risk to the regionâ??s outlook, but plausible adverse shocks would likely not have a large effect on the regionâ??s overall performance. Click for more