European Parliament Library

Republic of Congo :, Staff-Monitored Program

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
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction; II. Economic Developments in 2006 and Early 2007; Figures; 1. Oil Prices, Exports, and Real GDP Growth, 2001-06; 2. Inflation Developments, January 2006-March 2007; 3. Nominal and Real Effective Exchange Rate, 2001-07; 4. Fiscal Developments, 2001-06; III. Policy Discussions and the SMP; A. Medium-Term Prospects; 5. Deviations from the PRGF, 2005-09; B. Macroeconomic Framework for 2007; C. Fiscal Policy; D. Monetary Policy and Financial Sector Reforms; E. Governance and Transparency; F. External Debt Management; G. Poverty Reduction
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (77 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452726670

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