Sustaining more Inclusive Growth in the Republic of Congo
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Summary:
The Republic of Congo has seen dramatic improvement in its debt situation since 2010, following debt relief through the IMF and World Bank Heavily Indebted Poor Countries/Multilateral Debt Relief Initiative. Large oil revenues have allowed the country to boost spending and increase foreign exchange reserves. Yet poverty and inequality remain comparatively high. This paper examines Congo’s challenge to manage its natural resource revenue and attain sustained inclusive growth.
Series:
Departmental Paper No. 15/02
Subject:
Congo, Republic of Debt sustainability Economic growth Economic reforms Financial crises Financial Sector Financial services Fiscal consolidation Fiscal policy Inclusive growth Natural resources Nonoil sector Oil revenues Poverty and inequality Public investment Social indicators Sustainable development
Notes:
English
Publication Date:
February 11, 2015
ISBN/ISSN:
9781498317702/2616-5333
Stock No:
SIGRCEA
Format:
Paper
Pages:
44
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