Republic of Congo: Enhanced Heavily Indebted Poor Countries Initiative: Completion Point Document and Multilateral Debt Relief Initiative
March 24, 2010
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This paper discusses Congo’s progress under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC). In the view of the staff of IDA and the IMF, Congo has met in full all of the triggers for reaching the completion point. All key decisions, actions, and measures required to observe the triggers have been taken, including a satisfactory track record of implementation for public investment management, procurement, governance and anticorruption, improvement in the internal controls and accounting of the state-owned oil company, and oil commercialization.
Subject: Asset and liability management, Commodities, Debt relief, Debt service, Expenditure, External debt, Oil, Public investment spending
Keywords: Africa, anti-corruption strategy, Congolese authorities, CR, debt agency, Debt relief, Debt service, Global, government balance, government finance statistics manual, government plan, government trade, HIPC assistance, HIPC debt relief, ISCR, NPV terms, Oil, PRGF arrangement, public expenditure, Public investment spending, regulatory authority
Pages:
69
Volume:
2010
DOI:
Issue:
077
Series:
Country Report No. 2010/077
Stock No:
1COGEA2010004
ISBN:
9781451982312
ISSN:
1934-7685
