Republic of Congo : 2013 Article IV Consultation

Publication Date: September 10, 2013
Electronic Access: Free Full text (PDF file size is 1,672KB).
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Summary: This paper assesses the Republic of Congo’s discussions in 2013 Article IV Consultation. Though having abundance of natural resources, notably oil and iron ore, Congo has achieved limited progress in poverty alleviation, and remains vulnerable to external shocks. Weak governance and business conditions are significant constraints to private sector development and growth inclusiveness. The IMF report shows that Congo’s main challenge is to ensure long-term macroeconomic stability in the face of oil revenue volatility and exhaustibility, and to make growth more inclusive.
Series: Country Report No. 13/282
Subject(s): Article IV consultation reports | Economic growth | Private sector | Fiscal policy | Real effective exchange rates | Global competitiveness | Central African Economic and Monetary Community | Economic indicators | Staff Reports | Press releases | Republic of Congo

Notes Also available in French
Publication Date: September 10, 2013
ISBN/ISSN: 9781475547207/1934-7685 Format: Paper
Stock No: 1COGEA2013001 Pages: 76
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