Democratic Republic of the Congo: Poverty Reduction Strategy Paper: Joint Staff Advisory Note

IMF Staff Country Reports, September 26, 2007

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Democratic Republic of the Congo: Poverty Reduction Strategy Paper: Joint Staff Advisory Note

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Bibliographic details

• Published: September 26, 2007
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781451808452.002

Summary

• This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) for the Democratic Republic of the Congo (DRC).
• The PRSP for Congo states that accelerated and sustainable economic growth will not be possible without a dynamic private sector engaged in job creation, development of industries, and competitive export sector.
• It emphasizes the role of growth as an important part of poverty reduction.
• In particular, it accords priority to rehabilitating road and energy infrastructure, including electrification of urban and rural areas.

Key findings and emphases

• Growth and poverty reduction
  • Accelerated and sustainable economic growth is identified as essential to poverty reduction.
  • Growth is emphasized as an important part of poverty reduction.
• Role of the private sector
  • A dynamic private sector is necessary for job creation, development of industries, and a competitive export sector.
• Infrastructure priorities
  • Priority is accorded to rehabilitating road and energy infrastructure.
  • Electrification of urban and rural areas is specifically highlighted.

Policy recommendations and priorities

• Promote private sector development to support:
  • Job creation.
  • Development of industries.
  • A competitive export sector.
• Prioritize investment in infrastructure:
  • Rehabilitation of road infrastructure.
  • Rehabilitation of energy infrastructure.
  • Electrification of urban and rural areas as a central objective.

Subject areas and keywords

• Subject: Education, Labor, Poverty, Poverty reduction, Poverty reduction strategy
• Keywords: country, CR, Global, government, government of the Democratic Republic of the Congo, government plan, ISCR, outlined poverty reduction objective, participatory poverty analysis, poverty diagnosis, Poverty reduction, poverty reduction program, Poverty reduction strategy, State budget, transitional government

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• The government of the Democratic Republic of the Congo
  • The government of the Democratic Republic of the Congo (Markdown version)
  • The government of the Democratic Republic of the Congo (PDF)