IMF Staff Country Reports

Democratic Republic of the Congo: Selected Issues and Statistical Appendix

October 14, 2005

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Democratic Republic of the Congo: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2005) accessed December 6, 2024

Summary

This Selected Issues paper analyzes recent developments in the financial system of the Democratic Republic of the Congo (DRC). It describes the monetary developments in 2003–05 and reform of the financial system. The paper examines the impact of monetary and exchange rate policies on inflation, including the nature of the lags involved. It reviews developments in the DRC’s mining sector and mining’s contribution to the economy from a fiscal perspective, showing a low effective level of taxation. The paper also discusses restructuring of the mining sector.

Subject: Civil service, Economic sectors, Exchange rates, Foreign exchange, Inflation, Labor, Mining sector, Monetary base, Money, Prices

Keywords: Africa, Broad money, Civil service, CR, Exchange rates, Foreign currency, Global, Inflation, Interest rate, ISCR, Mining sector, Monetary base, Monetary policy, Monthly salary, Pay scale, Price level, Wage bill

Publication Details

  • Pages:

    99

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

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  • Series:

    Country Report No. 2005/373

  • Stock No:

    1CODEA2005002

  • ISBN:

    9781451808384

  • ISSN:

    1934-7685