Democratic Republic of the Congo: Selected Issues and Statistical Appendix
October 14, 2005
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This Selected Issues paper analyzes recent developments in the financial system of the Democratic Republic of the Congo (DRC). It describes the monetary developments in 2003–05 and reform of the financial system. The paper examines the impact of monetary and exchange rate policies on inflation, including the nature of the lags involved. It reviews developments in the DRC’s mining sector and mining’s contribution to the economy from a fiscal perspective, showing a low effective level of taxation. The paper also discusses restructuring of the mining sector.
Subject: Civil service, Economic sectors, Exchange rates, Foreign exchange, Inflation, Labor, Mining sector, Monetary base, Money, Prices
Keywords: Africa, broad money, Civil service, CR, Exchange rates, foreign currency, Global, Inflation, interest rate, ISCR, Mining sector, Monetary base, monetary policy, monthly salary, pay scale, price level, wage bill
Pages:
99
Volume:
2005
DOI:
Issue:
373
Series:
Country Report No. 2005/373
Stock No:
1CODEA2005002
ISBN:
9781451808384
ISSN:
1934-7685
