Democratic Republic of the Congo : Review of the 2006 Staff-Monitored Program and a New Staff-Monitored Program for 2007: Staff Report; Staff Statement; Statement by the Executive Director for the Democratic Republic of the Congo

Author/Editor:

International Monetary Fund

Publication Date:

September 25, 2007

Electronic Access:

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Summary:

This paper reviews the 2006 Staff-Monitored Program (SMP) and a New Staff-Monitored Program for 2007 for the Democratic Republic of the Congo. Most quantitative and structural benchmarks under the SMP for April–December 2006 were not met; nevertheless, the SMP helped prevent major financial instability during the protracted electoral period. Cognizant of the need to reestablish macroeconomic stability, the government agreed on a policy framework for 2007 to be monitored by the IMF staff. Satisfactory performance under the SMP would open the way for discussions on a new arrangement under the Poverty Reduction and Growth Facility.

Series:

Country Report No. 07/328

Subject(s):

English

Publication Date:

September 25, 2007

ISBN/ISSN:

9781451808421/1934-7685

Stock No:

1CODEA2007002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

70

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