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Republic of Congo: Staff-Monitored Program

International Monetary Fund

No 2008/173, IMF Staff Country Reports from International Monetary Fund

Abstract: Social and political stability has improved in Congo, but the security situation is fragile. Executive Directors welcomed the Staff-Monitored Program (SMP), which was designed to safeguard fiscal and external stability. They stressed the need for stabilizing the economy and pursuing structural reforms with a view for achieving sustainable growth, reducing poverty, diversifying the economy, and benefiting from enhanced HIPC Initiative debt relief. As a sign of their renewed commitment to reengagement with the IMF, authorities established a new organizational structure for better monitoring and implementation of the economic and financial program.

Keywords: ISCR; CR; government; Congolese authorities; price; government resource; private sector; broad money; debt management; authorities request; current account; government website; Oil sector; Oil; Oil prices; Balance of payments statistics; Monetary statistics; Global (search for similar items in EconPapers)
Pages: 60
Date: 2008-06-03
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