Republic of Congo: Staff-Monitored Program

June 3, 2008

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Republic of Congo: Staff-Monitored Program, (USA: International Monetary Fund, 2008) accessed December 23, 2024

Summary

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.

Subject: Balance of payments statistics, Commodities, Economic and financial statistics, Economic sectors, Fiscal stance, Monetary statistics, Oil, Oil prices, Oil sector, Prices, Public financial management (PFM)

Keywords: Authorities request, Balance of payments statistics, Broad money, Congolese authorities, CR, Current account, Debt management, Global, Government, Government resource, Government website, ISCR, Monetary statistics, Oil, Oil prices, Oil sector, Price, Private sector

Publication Details

Pages:

60
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/173
Stock No:

1COGEA2008001
ISBN:

9781451808674
ISSN:

1934-7685

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