IMF Staff Country Reports

Republic of Congo: Report on Progress Toward Meeting the Completion Point Triggers Under the Enhanced Heavily Indebted Poor Countries Initiative

Publication Date:

June 21, 2007

Electronic Access:

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Summary:

This paper discusses the Republic of Congo’s enhanced Heavily Indebted Poor Countries (HIPC) initiative. If the Republic of Congo is to effectively use the resources generated by the oil windfall to reduce poverty and ensure sustainable and equitable growth, improved prioritization of public investment resources and improved project management practices are required. The establishment of institutional structures to monitor reforms is a key test of the resolve of the government to meet the HIPC triggers.

Series:

Country Report No. 2007/215

Subject:

Auditing Budget planning and preparation Corruption Crime Expenditure Public financial management (PFM) Public investment spending

Notes:

Also available online in French