{
  "title": "Republic of Congo: Selected Issues",
  "publication": "IMF Staff Country Reports, February 25, 2009",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-congo-selected-issues-22733",
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  "summary": "This Selected Issues Paper for the Republic of Congo discusses economic development and policies. Domestic prices of refined petroleum products are administratively set by the authorities below import parity.",
  "publishDate": "2009-02-25",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview",
      "content": "- This Selected Issues Paper discusses economic development and policies in the Republic of Congo.\n- Domestic prices of refined petroleum products are administratively set by the authorities below import parity.\n- The fuel pricing policy and subsidy scheme have been established by the authorities to protect low-income households from rising energy prices."
    },
    {
      "heading": "Key findings on fuel pricing and subsidies",
      "content": "- Domestic prices of refined petroleum products: administratively set below import parity.\n- Overall fuel subsidies: about 8.3 percent of non-oil GDP.\n- Policy objective of subsidies: protect low-income households from rising energy prices."
    },
    {
      "heading": "Fiscal context and revenue",
      "content": "- Non-oil revenue in 2007: has remained about 20 percent of non-oil GDP.\n- Comparison: non-oil revenue (about 20 percent of non-oil GDP) versus fuel subsidies (about 8.3 percent of non-oil GDP)."
    },
    {
      "heading": "Thematic coverage (subjects and keywords)",
      "content": "- Subjects: Energy subsidies, Expenditure, Exports, Foreign exchange, Fuel prices, Income, International trade, National accounts, Oil exports, Prices, Real effective exchange rates.\n- Keywords: cost, CR, Energy subsidies, export, Fuel prices, GDP, Income, inventory cost, ISCR, oil export, Oil exports, price, price competitiveness, price subsidy, pump price, Real effective exchange rates, Sub-Saharan Africa.\n\nSource: Republic of Congo: Selected Issues (IMF Staff Country Reports 2009, 072).\n\n---\n\n Content in this bundle\n\n- Republic of Congo: Selected Issues; IMF Country Report 09/72; November 21, 2008\n  - Republic of Congo: Selected Issues; IMF Country Report 09/72; November 21, 2008 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Republic of Congo: Selected Issues; IMF Country Report 09/72; November 21, 2008 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-congo-selected-issues-22733"
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    "Published: February 25, 2009",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451951967.002",
    "This Selected Issues Paper discusses economic development and policies in the Republic of Congo.",
    "Domestic prices of refined petroleum products are administratively set by the authorities below import parity.",
    "The fuel pricing policy and subsidy scheme have been established by the authorities to protect low-income households from rising energy prices.",
    "Domestic prices of refined petroleum products: administratively set below import parity.",
    "Overall fuel subsidies: about 8.3 percent of non-oil GDP.",
    "Policy objective of subsidies: protect low-income households from rising energy prices.",
    "Non-oil revenue in 2007: has remained about 20 percent of non-oil GDP.",
    "Comparison: non-oil revenue (about 20 percent of non-oil GDP) versus fuel subsidies (about 8.3 percent of non-oil GDP).",
    "Subjects: Energy subsidies, Expenditure, Exports, Foreign exchange, Fuel prices, Income, International trade, National accounts, Oil exports, Prices, Real effective exchange rates.",
    "Keywords: cost, CR, Energy subsidies, export, Fuel prices, GDP, Income, inventory cost, ISCR, oil export, Oil exports, price, price competitiveness, price subsidy, pump price, Real effective exchange rates, Sub-Saharan Africa.",
    "**Republic of Congo: Selected Issues; IMF Country Report 09/72; November 21, 2008**"
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