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Republic of Congo and the IMF

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Republic of Congo: Selected Issues

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Summary: This Selected Issues Paper for the Republic of Congo discusses economic development and policies. Domestic prices of refined petroleum products are administratively set by the authorities below import parity. Non-oil revenue in 2007 has remained about 20 percent of non-oil GDP, compared with overall fuel subsidies of about 8.3 percent of non-oil GDP. The fuel pricing policy and subsidy scheme have been established by the authorities to protect low-income households from rising energy prices.
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Series: Country Report No. 09/72
Subject(s): Consumer prices | Energy pricing policy | Export competitiveness | Government expenditures | Income distribution | Oil exports | Oil subsidies | Price controls | Real effective exchange rates | Selected issues
    Published:   February 25, 2009        
    ISBN/ISSN:   9781451951967/1934-7685   Format:   Paper
    Stock No:   1COGEA2009001   Pages:   36
    Price:   US$18.00        
    Published:   February 25, 2009        
            Format:   Paper
    Stock No:   1GOGEA2009001   Pages:   34
    Price:   US$18.00        
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