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Democratic Republic of the Congo :, Staff Report for the 2009 Article IV Consultation, Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries

This paper discusses a Request from Congo for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) program. Growth in Congo in 2008 was strong, but weakened by the onset of the global financial crisis during the second half of the year that resulted in a deterioration of the country’s terms of trade and large job losses in the mining sector. Macroeconomic policies for the rest of 2009 and 2010 aim at reducing inflation while mitigating the impact of the global financial sector on the economy
Table Of Contents
Cover; Contents; Acronyms; Executive Summary; I. Background and Context; Figures; 1a. Progress Toward Millennium Development Goals 1990-2015; 1b. Social and Economic Indicators; 2. Economic Developments, 2002-08; Boxes; 1. The Sino-Congolese Cooperation Agreement; II. Recent Economic Developments; 3. Recent Economic Developments; III. Medium-term Outlook; Text Tables; 1. Financial Soundness Indicators, 2003-09; IV. Article IV Consultation and Policy Discussions; A. Fostering Sustained and High Economic Growth; 2. Main Recommendations of the 2007 Article IV Consultations
Literary Form
non fiction
"March 2010."
Physical Description
1 online resource (122 p.)
Specific Material Designation
Form Of Item

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