Democratic Republic of the Congo; Selected Issues and Statistical Appendix

This Selected Issues paper analyzes recent developments in the financial system of the Democratic Republic of the Congo (DRC). It describes the monetary developments in 2003â€“05 and reform of the financial system. The paper examines the impact of monetary and exchange rate policies on inflation, including the nature of the lags involved. It reviews developments in the DRCâ€™s mining sector and miningâ€™s contribution to the economy from a fiscal perspective, showing a low effective level of taxation. The paper also discusses restructuring of the mining sector.

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Year of publication:	2005-10-14
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Exchange rates \| Financial systems \| Selected issues \| Statistical annexes \| inflation \| monetary base \| central bank \| monetary policy \| foreign exchange \| foreign currency \| price level \| monetary fund \| money growth \| aggregate demand \| macroeconomic stability \| money laundering \| monetary authorities \| increase in inflation \| quasi money \| monetary survey \| inflation rate \| liquidity management \| official reserves \| rate of inflation \| money stock \| gdp deflator \| monetary management \| money supply \| money market \| real wages \| rate of growth of money \| real interest rate \| money demand \| monetary instruments \| national bank \| high inflation \| monetary policies \| monetary policy objectives \| monetary expansion \| monetary policy framework \| price stability \| terms of trade \| increase in interest rates \| demand for money \| stock of money \| money transfers \| inflationary pressures

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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 05/373 9 pages long
Source:	RePEc - Research Papers in Economics

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