Republic of Congo : 2013 Article IV Consultation

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Republic of Congo : 2013 Article IV Consultation
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Volume/Issue:
2013/282
Series:
IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.;International Monetary Fund. Strategy, Policy, & Review Department
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
September 2013
DOI:
http://dx.doi.org/10.5089/9781475547207.002
ISBN:
9781475547207
ISSN:
1934-7685
Page:
76
This paper assesses the Republic of Congo's discussions in 2013 Article IV Consultation. Though having abundance of natural resources, notably oil and iron ore, Congo has achieved limited progress in poverty alleviation, and remains vulnerable to external shocks. Weak governance and business conditions are significant constraints to private sector development and growth inclusiveness. The IMF report shows that Congo's main challenge is to ensure long-term macroeconomic stability in the face of oil revenue volatility and exhaustibility, and to make growth more inclusive.

Republic of Congo: Staff Report for the 2013 Article IV Consultation—Informational Annex

Author(s):
International Monetary Fund. African Dept.;International Monetary Fund. Strategy, Policy, & Review Department
Published Date:
September 2013
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