IMF Staff Country Reports

Republic of Congo: Fifth and Sixth Reviews Under the Three-Year Arrangement Under the Extended Credit Facility and Financing Assurances Review: Staff Report; Staff Statement and Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Congo.

August 17, 2011

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Republic of Congo: Fifth and Sixth Reviews Under the Three-Year Arrangement Under the Extended Credit Facility and Financing Assurances Review: Staff Report; Staff Statement and Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Congo., (USA: International Monetary Fund, 2011) accessed November 22, 2024

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Summary

In this study, macroeconomic development, its performance, and outlook are reviewed. Narrowing of the infrastructure gap and public financial management (PFM) are focused to safeguard investment quality. Fiscal reform has been introduced to improve the design of the tax system and to strengthen fiscal institutions that the FAD technical assistance (TA) mission introduced. A comprehensive action plan has been introduced to improve the business climate. The outstanding debt issues are being resolved.

Subject: External debt, Fiscal policy, Fiscal stance, Oil, gas and mining taxes, Public debt, Taxes

Keywords: BEAC audit report, BEAC Board, BEAC statute, Congolese authorities, CR, Debt, Fiscal stance, Gas and mining taxes, Global, Holding, ISCR, Oil, Reform momentum, Un-repatriated oil receipts

Publication Details

  • Pages:

    66

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2011/255

  • Stock No:

    1COGEA2011003

  • ISBN:

    9781462341566

  • ISSN:

    1934-7685

Notes