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Record Nr. |
UNINA9910464052703321 |
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Titolo |
Republic of Congo : 2014 article IV consultation-staff report; press release; and statement by the executive director for the Republic of Congo / / International Monetary Fund |
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Pubbl/distr/stampa |
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Washington, District of Columbia : , : International Monetary Fund, , 2014 |
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©2014 |
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ISBN |
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1-4983-2027-9 |
1-4983-7442-5 |
1-4983-2729-X |
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Descrizione fisica |
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1 online resource (75 p.) |
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Collana |
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IMF Country Report ; ; Number 4/272 |
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Disciplina |
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Soggetti |
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Electronic books. |
Congo (Democratic Republic) Economic conditions |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di contenuto |
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Cover; CONTENTS; BACKGROUND; RECENT ECONOMIC DEVELOPMENTS; FIGURES; 1. Macroeconomic Developments; BOXES; 1. Congo's Economic Relationship with China; OUTLOOK AND RISKS; 2. Governance and Business Environment; POLICY DISCUSSIONS; A. Strengthening the Fiscal Framework; 2. Public Investment, Debt Sustainability and Savings Tradeoffs; B. Strengthening Public Financial Management; C. Financial Sector Issues; D. Structural Reforms for Inclusive Growth; E. Asset and Liability Management and Other Issues; STAFF APPRAISAL; TABLES; 1. Selected Economic and Financial Indicators, 2011-19 |
2. Medium-Term Balance of Payments, 2011-193. Central Government Operations, 2011-19; 4. Central Government Operations, 2011-19; 5. GFS Statement of the Central Government Operations, 2011-19; 6. Monetary Survey, 2009-14; 7. Banking Sector Financial Soundness Indicators, 2009-13; 8. Millennium Development Goals, 1990-2012; ANNEXES; I. Authorities' Implementation of 2013 Policy Recommendations; II. External Sector Assessment; III. Anchoring Fiscal Policy in the Medium Term; IV. Risk Assessment Matrix; CONTENTS; RELATIONS WITH THE FUND; WORLD BANK-IMF JOINT ACTION PLAN; |
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STATISTICAL ISSUES |
APPENDIXPress Release |
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Sommario/riassunto |
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KEY ISSUESEconomic context. Growth has been strong, inflation low, and fiscal buffers and international reserves adequate. However, poverty and unemployment remain high, despite large government spending financed from oil revenue. The business climate is among the most challenging and the private credit-to-GDP ratio among the lowest in sub-Saharan Africa (SSA).Outlook and Risks. The economy is projected to expand by about 6 percent per annum between 2014 and 2019, as new oil fields come on stream and an ambitious public investment program is implemented to diversify the economy and make growth |
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