Staff Memorandum On The Republic Of The Congo
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Staff Memorandum on the Republic of the Congo
Author | : United States. Congress. House. Committee on Foreign Affairs |
Publsiher | : Unknown |
Total Pages | : 70 |
Release | : 1960 |
Genre | : Congo (Democratic Republic) |
ISBN | : STANFORD:36105045299513 |
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Memorandum to His Majesty s Government from the Congo Reform Association on the Reports of His Majesty s Consular Staff in the Congo as Presented to Parliament November 1911
Author | : Congo Reform Association |
Publsiher | : Unknown |
Total Pages | : 38 |
Release | : 1911 |
Genre | : Congo |
ISBN | : STANFORD:36105070112664 |
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Democratic Republic of the Congo Staff Monitored Program
Author | : International Monetary Fund |
Publsiher | : INTERNATIONAL MONETARY FUND |
Total Pages | : 67 |
Release | : 2006-07-18 |
Genre | : Electronic Book |
ISBN | : 1451808402 |
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The Congolese authorities requested an IMF staff-monitored program (SMP), in support of the economic program they spelled out in the accompanying Memorandum on Economic and Financial Policies (MEFP). The Democratic Republic of the Congo showed remarkable macroeconomic stability under the Poverty Reduction Growth Facility Program. The SMP is intended to preserve macroeconomic stability during the protracted elections and give the authorities an opportunity to establish a strong track record of policy implementation. The SMP includes measures for improving public resource management and strengthening central bank operations.
Staff Memorandum on International Lending Agencies
Author | : United States. Congress. House. Committee on Foreign Affairs |
Publsiher | : Unknown |
Total Pages | : 402 |
Release | : 1964 |
Genre | : Banks and banking, International |
ISBN | : STANFORD:36105120861328 |
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Staff Memorandum on International Lending and Guaranty Programs Committee Print 88 2 December 21 1964
Author | : United States. Congress. House. Foreign Affairs |
Publsiher | : Unknown |
Total Pages | : 404 |
Release | : 1964 |
Genre | : Electronic Book |
ISBN | : STANFORD:36105117940507 |
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Democratic Republic of the Congo
Author | : International Monetary Fund |
Publsiher | : International Monetary Fund |
Total Pages | : 139 |
Release | : 2003-06-16 |
Genre | : Business & Economics |
ISBN | : 9781451841121 |
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This paper examines the Democratic Republic of the Congo’s 2003 Article IV Consultation, First Review Under the Poverty Reduction and Growth Facility (PRGF), and Request for Waiver of Performance Criteria. Through September 2002, overall performance under the PRGF-supported program was broadly satisfactory, with good progress in the structural area. The annualized rate of inflation for the first nine months of 2002 reached 11 percent, down from 135 percent in 2001. Economic growth is expected to be positive for the first time in 13 years.
Democratic Republic of the Congo
Author | : International Monetary Fund. African Dept. |
Publsiher | : International Monetary Fund |
Total Pages | : 83 |
Release | : 2019-12-23 |
Genre | : Business & Economics |
ISBN | : 9781513524320 |
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This paper discusses The Democratic Republic of the Congo’s Staff-Monitored Program and Request for Disbursement Under the Rapid Credit Facility. The economic environment remains challenging and vulnerable to shocks. Real gross domestic product growth is projected to decelerate to 4.5 percent in 2019 from 5.8 percent in 2018. The recent fall in commodity prices, new spending initiatives, and looser spending oversight during the political transition period have led to a weaker fiscal position mostly financed by the central bank. In this context, international reserves have fallen to critically low levels creating urgent balance of payment needs. The new government is committed to implementing measures and reforms that would strengthen macroeconomic stability, reinforce international reserves, address issues related to poor governance, a difficult business environment, and pervasive poverty. Authorities also intend to boost domestic revenue by restoring the functioning of the value-added tax and enforcing the personal income tax, while improving mining revenue forecasting. In addition, the government intends to introduce strict spending caps, increase the effectiveness of monetary policy, and foster inclusive growth and private sector development including through infrastructure projects and free basic education.