This paper discusses the Republic of Congo’s enhanced Heavily Indebted Poor Countries (HIPC) initiative. If the Republic of Congo is to effectively use the resources generated by the oil windfall to reduce poverty and ensure sustainable and equitable growth, improved prioritization of public...

This paper discusses Congo’s progress under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC). In the view of the staff of IDA and the IMF, Congo has met in full all of the triggers for reaching the completion point. All key decisions, actions, and measures required to observe...

This paper on the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC) for the Republic of Congo explains medium-to-long-term strategy for poverty reduction. Emerging from a conflict situation, and starting from a low base, Congo has made significant progress in implementing...