Republic of Congo: Report on Progress Toward Meeting the Completion Point Triggers Under the Enhanced Heavily Indebted Poor Countries Initiative

International Monetary Fund

No 2007/215, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses the Republic of Congo’s enhanced Heavily Indebted Poor Countries (HIPC) initiative. If the Republic of Congo is to effectively use the resources generated by the oil windfall to reduce poverty and ensure sustainable and equitable growth, improved prioritization of public investment resources and improved project management practices are required. The establishment of institutional structures to monitor reforms is a key test of the resolve of the government to meet the HIPC triggers.

Keywords: ISCR; CR; government; firm; IDA staff; coordination structure; government website; IMF staff; debt agency; purchasing authority; Public investment spending; Auditing; Corruption; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 37
Date: 2007-06-21
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