Republic of Congo : 2010 Article IV Consultation and Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility, and Request for Modification of Performance Criteria—Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Congo.

 
 
Publication Date: March 15, 2011
 
Electronic Access: Free Full text (PDF file size is 1,213KB).
Use the free Adobe Acrobat Reader to view this PDF file

 
Summary: In this study, economic performance remained robust throughout the global downturn, and shows signs of further strengthening. In 2010, the external position improved significantly, as fiscal surpluses raised official foreign assets, and the Highly Indebted Poor Countries (HIPC) debt relief significantly reduced external liabilities. Macroeconomic stability is well established, and the external position has improved. Private sector development has reduced oil dependence and is assuring sustained poverty-reducing growth. Efforts should be supported by policies to increase the private sector’s access to credit, and deepen financial intermediation to improve the financial performance of state-owned enterprises.
 
Series: Country Report No. 11/67
Subject(s): Article IV consultation reports | Banking sector | Economic indicators | Extended Credit Facility | Fiscal consolidation | Fiscal reforms | Nonoil sector | Performance criteria modifications | Staff Reports

Notes Also available in French
 
English
Publication Date: March 15, 2011
ISBN/ISSN: 9781455223022/1934-7685 Format: Paper
Stock No: 1COGEA2011002 Pages: 63
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
French
Publication Date: April 04, 2011
Format: A web quality merged PDF
Stock No: 1COGFT2011002
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
Please address any questions about this title to publications@imf.org