Republic of Congo: Selected Issues and Statistical Appendix
Volume/Issue:
Volume 2004
Issue 231
Publication date: August 2004
ISBN: 9781451808520
$20.00
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Topics covered in this book
This title contains information about the following subjects.
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Economics- Macroeconomics , Public Finance , Industries - Energy , ISCR , CR , oil sector , government , sector , government post , section VII , cease-fire agreement , growth-accounting framework , Oil prices , Oil , Public expenditure review , Budget planning and preparation , Sub-Saharan Africa
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Summary
This Selected Issues and Statistical Appendix paper outlines the recent developments in the political and security situation in Congo. It reviews economic performance during 1970–2003, including in the context of IMF-supported programs. The paper also reviews recent developments in public finance management, and examines the constraints on growth and poverty reduction. The sources of economic growth during 1970–2003 are analyzed. The paper also discusses the feasibility of an oil fiscal rule, and notes some key lessons and challenges for the Congo.
