Republic of Congo: Enhanced Heavily Indebted Poor Countries Initiative: Completion Point Document and Multilateral Debt Relief Initiative
IMF Staff Country Reports, March 24, 2010
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- Republic of Congo: Enhanced Heavily Indebted Poor Countries Initiative: Completion Point Document and Multilateral Debt Relief Initiative
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Bibliographic details
- Published: March 24, 2010
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451982312.002
Executive summary and central finding
- 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.
Specific implementation areas and evidence of satisfactory track record
- Public investment management
- Procurement
- Governance and anticorruption
- Improvement in the internal controls and accounting of the state-owned oil company
- Oil commercialization
Subject coverage
- 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