IMF Staff Concludes Mission to the Republic of Congo
IMF News, October 8, 2026
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Bibliographic details
- Published: October 8, 2026
Mission overview
- Event: IMF staff mission to the Republic of Congo to discuss a government request for financial support under the Extended Credit Facility and to conduct the 2026 Article IV Consultation.
- Press Release: No. 26/327.
- Dates of visit: September 24 to October 7, 2026.
- Lead: IMF team led by Ms. Pilar Garcia Martinez.
- Outcome: Significant progress was made during the mission; discussions will continue in the next few weeks with a view to reaching a staff-level agreement.
Key discussion topics and findings
- Macroeconomic outlook and recent economic developments.
- 2026 fiscal outturn and draft 2027 budget.
- Public financial management reforms aimed at strengthening fiscal resilience and enhancing debt sustainability.
- Domestic arrears-clearance strategy and measures to prevent the accumulation of arrears.
- Policies to protect vulnerable groups while supporting private investment and growth.
- 2026 Article IV consultation topics:
- Policies to support sustainable and inclusive growth.
- Rationalization of tax-expenditures.
- Addressing fiscal risks and constraints to growth related to electricity sector operations.
- Improving the business environment and promoting private investment and economic diversification.
Meetings and stakeholders engaged
- Meetings held with:
- H.E. Prime Minister Anatole Collinet Makosso.
- Finance, Budget, and Public Portfolio Minister Christian Yoka.
- Economy, Planning, Statistics, and Foresight Minister Ludovic Ngatsé.
- Representatives of the national directorate of the BEAC and their teams.
- Parliament’s Economy and Finance Committee.
- Officials from relevant ministries and public agencies.
- Representatives of the private sector, civil society organizations, and development partners.
Policy recommendations and measures discussed
- Strengthen revenue mobilization.
- Improve expenditure management.
- Enhance commitment and cash controls.
- Implement efforts to prevent the accumulation of arrears.
- Rationalize tax-expenditures to support inclusive growth.
- Address electricity-sector related fiscal risks constraining growth.
- Improve the business environment to promote private investment and economic diversification.
Next steps and timeline
- Continued discussions between the IMF team and the authorities in the coming weeks.
- Objective: reach a staff-level agreement on policies that could be supported by a new arrangement under the Extended Credit Facility.