IMF Staff Country Reports

Democratic Republic of the Congo: Second Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria

August 29, 2003

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International Monetary Fund. "Democratic Republic of the Congo: Second Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria", IMF Staff Country Reports 2003, 270 (2003), accessed May 21, 2025, https://doi.org/10.5089/9781451808360.002

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Summary

For the past two years, the Democratic Republic of Congo has made considerable progress in consolidating its peace process, stabilizing its economic situation, and creating the conditions for sustainable economic growth and poverty reduction. The macroeconomic and fiscal performances under the IMF program were satisfactory. The government also made good progress on structural and sectoral reforms. The authorities have identified the key steps needed for the completion of the poverty reduction strategy paper. The IMF staff commends the authorities for the progress achieved in strengthening the tax and customs administration.

Subject: Arrears, Asset and liability management, Banking, Debt relief, Debt service, Expenditure, External debt

Keywords: Africa, Arrears, Commitment vis-à-vis, Congo, CR, Debt relief, Debt service, East Africa, Government, Government approval, ISCR, Southern Africa, Sub-Saharan Africa, Tax-payer identification number, Turnover tax law, World Bank's International Development Association

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