Republic of Congo : First Review Under the Poverty Reduction and Growth Facility Arrangement, and Requests for Waiver of Performance Criteria and Modification of Performance Criterion

 
Author/Editor: International Monetary Fund
 
Publication Date: August 25, 2005
 
Electronic Access: Free Full text (PDF file size is 729KB).
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Summary: The staff report for the First Review Under the Poverty Reduction and Growth Facility on the Republic of Congo highlights economic development and fiscal policy. Reflecting the rise in oil prices, the fiscal and current account balance position improved significantly. Congo’s medium-term prospects have improved significantly because of the rise in oil prices, notwithstanding the downward revision of oil production. In the banking sector, the government’s key objectives are to promote greater market discipline and improve the governance framework as regards bank loans. Although Congo’s recent progress provides a good basis for continued program implementation, important risks remain.
 
Series: Country Report No. 05/301
Subject(s): External debt | Energy sector | Fiscal policy | Announcements | Congo, Republic of

Notes Also available online in French
 
English
Publication Date: August 25, 2005
ISBN/ISSN: 9781451808582/1934-7685 Format: Paper
Stock No: 1COGEA2005004 Pages: 80
Price:
US$15.00 (Academic Rate:
US$15.00 )
 
 
French
Publication Date: March 03, 2006
ISBN/ISSN: 1934-7685 Format: A web quality merged PDF
Stock No: 1COGFW2005004 Pages: 78
Price:
US$15.00 (Academic Rate:
US$15.00 )
 
 
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