Republic of Congo; Selected Issues

This Selected Issues paper on the Republic of Congo analyzes the challenges of sustainable growth in the Republic of Congo. The paper highlights that it is paramount for the authorities to avoid repeating the experience of the 1980s, particularly in light of the projected decline in oil production over the next decade. It proposes a macroeconomic policy strategy that takes advantage of this unique opportunity to foster higher sustainable growth. The paper also provides a summary of various recent assessments of the quality of the Congo's public financial management system.

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Year of publication:	2007-06-18
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Banks \| Banking systems \| Commercial banks \| Selected issues \| Public finance \| Economic growth \| Financial sector \| Governance \| Trade policy \| Oil prices \| Oil production \| Oil revenues \| Oil sector \| oil resources \| fiscal adjustment \| public spending \| medium-term fiscal strategy \| fiscal strategy \| quality of public spending \| budgetary process \| government spending \| fiscal policy \| oil producing countries \| oil producing \| fiscal space \| fiscal balance \| national oil \| fiscal affairs department \| fiscal agency \| fiscal deficits \| oil company \| extractive industries \| extractive industries transparency initiative \| international oil prices \| fiscal revenues \| oil exports \| government revenue

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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 07/206 10 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011244370