Republic of Congo: Fifth and Sixth Reviews Under the Three-Year Arrangement Under the Extended Credit Facility and Financing Assurances Review: Staff Report; Staff Statement and Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Congo.
August 17, 2011
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In this study, macroeconomic development, its performance, and outlook are reviewed. Narrowing of the infrastructure gap and public financial management (PFM) are focused to safeguard investment quality. Fiscal reform has been introduced to improve the design of the tax system and to strengthen fiscal institutions that the FAD technical assistance (TA) mission introduced. A comprehensive action plan has been introduced to improve the business climate. The outstanding debt issues are being resolved.
Subject: External debt, Fiscal policy, Fiscal stance, Oil, gas and mining taxes, Public debt, Taxes
Keywords: BEAC audit report, BEAC Board, BEAC statute, Congolese authorities, CR, debt, Fiscal stance, gas and mining taxes, Global, holding, ISCR, Oil, reform momentum, un-repatriated oil receipts
Pages:
66
Volume:
2011
DOI:
Issue:
255
Series:
Country Report No. 2011/255
Stock No:
1COGEA2011003
ISBN:
9781462341566
ISSN:
1934-7685
