Democratic Republic of the Congo : Request for the Rapid-Access Component of the Exogenous Shocks Facility and Report on the 2008 Staff Monitored Program

 
 
Publication Date: December 15, 2009
 
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Summary: This paper discusses a request from Congo for the Rapid-Access Component of the Exogenous Shocks Facility. Performance on the 2008 staff-monitored program was mixed, complicated by the effects of the exogenous shock. Although weaknesses remain, the authorities strengthened public financial management, particularly with regard to urgent government expenditure. They also made progress in addressing IMF staff’s concerns about the debt sustainability implications of the Sino-Congolese mining and infrastructure cooperation agreement. The authorities are committed to implementing appropriate adjustment policies.
 
Series: Country Report No. 09/317
Subject(s): Access to Fund general resources | Balance of payments need | Commodity price fluctuations | Economic growth | Economic indicators | Exogenous Shocks Facility | Fiscal policy | Governance | Monetary policy | Staff-monitored programs | Terms of trade | Democratic Republic of the Congo

Notes Also available in French
 
English
Publication Date: December 15, 2009
ISBN/ISSN: 9781451808469/1934-7685 Format: Paper
Stock No: 1CODEA2009001 Pages: 35
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
French
Publication Date: April 02, 2010
Format: A web quality merged PDF
Stock No: 1CODFW2009001 Pages: 36
Price:
Free
 
 
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