Democratic Republic of the Congo: Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria

International Monetary Fund

No 2004/097, IMF Staff Country Reports from International Monetary Fund

Abstract: As envisaged in its interim Poverty Reduction Strategy Paper, the country has moved from the stabilization phase to the reconstruction phase, and the authorities have continued to make major progress in consolidating the peace process. The important tasks will be to preserve macroeconomic stability, deepen structural reforms, promote an environment that is conducive to private-sector led growth, and combat widespread poverty. The policies of the Central Bank of Congo are successful in controlling inflation. It is also important to continue the reform of the mining sector.

Keywords: ISCR; CR; government; PRGF loan; Congo; PRGF arrangement; expenditure measure; PRGF-supported program; government Economic Program; Debt service; Debt relief; Arrears; Currencies; Southern Africa; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 118
Date: 2004-04-05
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