Republic of Congo; 2013 Article IV Consultation

This paper assesses the Republic of Congoâ€™s discussions in 2013 Article IV Consultation. Though having abundance of natural resources, notably oil and iron ore, Congo has achieved limited progress in poverty alleviation, and remains vulnerable to external shocks. Weak governance and business conditions are significant constraints to private sector development and growth inclusiveness. The IMF report shows that Congoâ€™s main challenge is to ensure long-term macroeconomic stability in the face of oil revenue volatility and exhaustibility, and to make growth more inclusive.

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Year of publication:	2013-09-10
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultation reports \| Economic growth \| Private sector \| Fiscal policy \| Real effective exchange rates \| Global competitiveness \| Central African Economic and Monetary Community \| Economic indicators \| Staff Reports \| Press releases \| Republic of Congo \| oil \| expenditure \| expenditures \| total expenditure \| capital expenditure \| public expenditure \| total expenditures \| public expenditure review \| international oil prices \| public expenditures \| investment expenditures \| expenditure management \| public expenditure management \| public financial management \| public expenditure reviews \| capital expenditures

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 13/282 7 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011245327