Republic of Congo : Staff-Monitored Program
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Summary:
Social and political stability has improved in Congo, but the security situation is fragile. Executive Directors welcomed the Staff-Monitored Program (SMP), which was designed to safeguard fiscal and external stability. They stressed the need for stabilizing the economy and pursuing structural reforms with a view for achieving sustainable growth, reducing poverty, diversifying the economy, and benefiting from enhanced HIPC Initiative debt relief. As a sign of their renewed commitment to reengagement with the IMF, authorities established a new organizational structure for better monitoring and implementation of the economic and financial program.
Series:
Country Report No. 08/173
Subject:
Economic indicators Economic reforms Oil exports Staff-monitored programs
English
Publication Date:
June 3, 2008
ISBN/ISSN:
9781451808674/1934-7685
Stock No:
1COGEA2008001
Format:
Paper
Pages:
60
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