Republic of Congo : Staff-Monitored Program

1COGEA2008001 Image
Price:  $18.00

Release Date: © June, 2008
ISBN : 978-1-45180-867-4
Stock #: 1COGEA2008001
English
Stock Status: On back-order

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Description

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.

Taxonomy

Economic policy , Economic stabilization , Fiscal policy




More publications in this series: IMF Staff Country Reports