European Parliament Library

Republic of Congo :, 2008 Article IV Consultation, Requests for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries, and Financing Assurances Review: Staff Report; Staff Statement and Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Congo

Abstract
The staff report for the Republic of Congo’s combined 2008 Article IV Consultation and Requests for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility is discussed. To enhance external viability, the authorities recognize the need to improve competitiveness, raise output growth through diversification, and consolidate the fiscal position. The authorities are making a concerted effort to improve the business climate, liberalize trade, deepen financial intermediation, continue reform of public enterprises, improve governance and transparency, and put in place development strategies in key sectors
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction; II. Recent Economic Developments and Prospects; III. Enhancing External Viability; A. International Competitiveness in the Non-Oil Sector; B. Diversification of the Non-oil Economy; C. Fiscal Sustainability; D. External Debt Sustainability; E. Capacity Building; IV. The Medium-Term Economic Program; A. Economic Policies for 2008-09; B. Program Financing and Capacity to Repay the Fund; C. Program Risks; V. Staff Appraisal; Boxes; 1. Performance on the 2008 SMP; 2. Real Effective Exchange Rate Assessment
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (97 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9786613730756

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