Republic of Congo: Selected Issues

This Selected Issues Paper for the Republic of Congo discusses economic development and policies. Domestic prices of refined petroleum products are administratively set by the authorities below import parity. Non-oil revenue in 2007 has remained about 20 percent of non-oil GDP, compared with overall fuel subsidies of about 8.3 percent of non-oil GDP. The fuel pricing policy and subsidy scheme have been established by the authorities to protect low-income households from rising energy prices.

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Year of publication:	2009-02-25
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Consumer prices \| Energy pricing policy \| Export competitiveness \| Government expenditures \| Income distribution \| Oil exports \| Oil subsidies \| Price controls \| Real effective exchange rates \| Selected issues \| subsidies \| subsidy \| petroleum products \| price subsidies \| natural gas \| fuel pricing \| fuel prices \| crude oil \| oil prices \| fuel price \| ex-refinery price \| refinery price \| petroleum prices \| economic studies \| oil products \| oil refinery \| international oil prices \| fuel products \| oil sector \| diesel fuels

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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 09/72 3 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010790447