Republic of Congo : 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Congo

1COGEA2007001 Image
Price:  $18.00

Release Date: © June, 2007
ISBN : 978-1-45180-862-9
Stock #: 1COGEA2007001
Stock Status: On back-order

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Description

This 2007 Article IV Consultation highlights that the implementation of the Poverty Reduction and Growth Facility (PRGF)-supported program was broadly satisfactory for Congo in 2004–05. However, expenditure overruns and delays in structural reforms pushed the program off track in 2006. Discussions are continuing on an IMF staff-monitored program aimed at establishing a solid track record that could pave the way for resuming discussions on the PRGF-supported program. Macroeconomic performance was mixed in 2006. Real GDP growth is estimated at 6.1 percent in 2006. The outlook for 2007 and the medium term is uncertain.

Taxonomy

Balance of payments , Balance of trade , Economic policy , Economic sectors , Exports , Fiscal policy , IMF governance and operations , Imports , Inflation , International trade , Monetary policy , Operations , Performance Criteria , Poverty Reduction and Development , Private sector , Social indicators , Stand-by Arrangements , Transparency




More publications in this series: IMF Staff Country Reports