Republic of Congo: Staff-Monitored Program

International Monetary Fund

No 2007/242, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper on the Republic of Congo’s staff-monitored program (SMP) reports that the authorities and civil society pledged to work together to make resource management more transparent. The authorities have reached understandings with IMF staff on an SMP for April-September 2007. The SMP aims at making progress toward fiscal sustainability, enhancing public financial management, and improving governance and transparency. A solid track record of policy implementation in the context of the SMP would pave the way for discussions on a Poverty Reduction and Growth Facility arrangement to resume by end-2007.

Keywords: ISCR; CR; authority; oil revenue mobilization; government; marketing government oil; poverty reduction effort; management; oil revenues accounts; Congolese authorities; Oil; gas and mining taxes; Oil prices; Central Africa; Global (search for similar items in EconPapers)
Pages: 76
Date: 2007-07-16
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