Democratic Republic of the Congo Staff Report for the 2005 Article IV Consultation, Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Requests for Waiver of Performance Criteria, Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries, and Request for an Extension of Arrangement

 
 
Publication Date: October 20, 2005
 
Electronic Access: Free Full text (PDF file size is 870KB).
Use the free Adobe Acrobat Reader to view this PDF file

 
Summary: This 2005 Article IV Consultation highlights that the economic activity in the Democratic Republic of the Congo (DRC) started to recover in 2002, after declining for 13 years. Inflation declined from 511 percent at end-2000 to 4 percent at end-2003. Fiscal developments were mixed in 2004, with government revenue higher and expenditure lower than programmed. The main risks for the rest of 2005 relate to security and social tensions, which could worsen in the case of further delays in the transition process.
 
Series: Country Report No. 05/374
Subject(s): Economic growth | Congo, Democratic Republic of the | Article IV consultations | Political economy | Poverty Reduction and Growth Facility | Poverty Reduction Strategy Papers | Fiscal policy

 
English
Publication Date: October 20, 2005
ISBN/ISSN: 9781451808391/1934-7685 Format: Paper
Stock No: 1CODEA2005003 Pages: 119
Price:
US$15.00 (Academic Rate:
US$15.00 )
 
 
Please address any questions about this title to publications@imf.org