IMF Staff Country Reports

Republic of Congo: Selected Issues

September 16, 2015

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Republic of Congo: Selected Issues, (USA: International Monetary Fund, 2015) accessed October 9, 2024

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Summary

This Selected Issues paper analyzes poverty and inequalities in Congo and the public expenditure priorities for inclusive growth. Congo’s outlook of more limited fiscal space, in view of the need for fiscal consolidation, makes it all the more important that public expenditure programs maximize their impact. This paper highlights the scope to reorient public expenditure policies to better address poverty and inequality. Based on the recent World Bank Public Expenditure Management and Financial Accountability Review, the analysis notes that recent economic growth has only translated into relatively modest reductions in poverty. Against this background, recommendations are developed that can help guide future budget allocations with a view to promoting inclusion and reducing inequality.

Subject: Consumption, Expenditure, Financial inclusion, Financial markets, Fuel prices, Income inequality, National accounts, Oil prices, Prices

Keywords: Consumption, Cost, CR, Financial inclusion, Firm, Firms in the Republic of Congo face, Firms large, Fuel prices, Global, Income inequality, Intermediation cost, ISCR, Oil prices, Participation cost, Price gap, Public expenditure, Public expenditure policy, Retail price, Sub-Saharan Africa, World Bank PEMFAR

Publication Details

  • Pages:

    36

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2015/264

  • Stock No:

    1COGEA2015002

  • ISBN:

    9781513574448

  • ISSN:

    1934-7685

Notes