IMF Staff Country Reports

Democratic Republic of the Congo: Staff-Monitored Program

Publication Date:

July 18, 2006

Electronic Access:

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Summary:

The Congolese authorities requested an IMF staff-monitored program (SMP), in support of the economic program they spelled out in the accompanying Memorandum on Economic and Financial Policies (MEFP). The Democratic Republic of the Congo showed remarkable macroeconomic stability under the Poverty Reduction Growth Facility Program. The SMP is intended to preserve macroeconomic stability during the protracted elections and give the authorities an opportunity to establish a strong track record of policy implementation. The SMP includes measures for improving public resource management and strengthening central bank operations.

Series:

Country Report No. 2006/259

Subject:

Asset and liability management Bank deposits Credit Currencies Debt relief Expenditure Fiscal policy Fiscal stance Money