## Republic of Congo: Review of Performance under the Staff-Monitored Program and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility

_IMF Staff Country Reports, January 10, 2005_

## Source details

**Canonical URL:** [Republic of Congo: Review of Performance under the Staff-Monitored Program and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility](https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-congo-review-of-performance-under-the-staff-monitored-program-and-request-for-a-17968)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/republic-of-congo-review-of-performance-under-the-staff-monitored-program-and-request-for-a-17968/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/republic-of-congo-review-of-performance-under-the-staff-monitored-program-and-request-for-a-17968/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/republic-of-congo-review-of-performance-under-the-staff-monitored-program-and-request-for-a-17968/bundle-manifest.json)

## Bibliographic details
- Published: January 10, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451808551.002

---

### Summary and context
- Reviews Congo’s Performance Under the Staff-Monitored Program (SMP) and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility.
- Improvements in the political environment and an increased focus on economic management since late 2002 have already led to stronger economic growth and lower inflation.
- The 2004 SMP produced good results: all the program’s quantitative budgetary and financial indicators were met.
- Major progress made in improving oil sector transparency with the widespread dissemination of information on the Internet; described as particularly noteworthy and exemplary among countries in Africa.

### Key findings
- Political and economic management improvements since late 2002 correlated with stronger economic growth and lower inflation.
- The 2004 SMP met all quantitative budgetary and financial indicators.
- Oil sector transparency increased substantially through widespread Internet dissemination of information.

### Thematic focus areas
- Arrears
- Economic sectors
- External debt
- Oil sector
- Oil, gas and mining taxes
- Poverty
- Poverty reduction strategy
- Taxes

---

## Content in this bundle

- **_cr0507**
  - [_cr0507 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2005/_cr0507.pdf.md){rel="alternate" type="text/markdown"}
  - [_cr0507 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2005/_cr0507.pdf){rel="external" type="application/pdf"}
- **_cr0507f**
  - [_cr0507f (Markdown version)](/-/media/websites/imf/imported-publications/external/pubs/ft/scr/2005/fra/_cr0507f.pdf.md){rel="alternate" type="text/markdown"}
  - [_cr0507f (PDF)](/-/media/websites/imf/imported-publications/external/pubs/ft/scr/2005/fra/_cr0507f.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-congo-review-of-performance-under-the-staff-monitored-program-and-request-for-a-17968_