Series: IMF Working Papers
Author(s): Giovanni Melina , Hoda Selim , and Concepcion Verdugo-Yepes
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 03 June 2019
Keywords: Oil revenues, Oil production, Economic growth, Public investment programs, Public investments, Congo, Africa, corruption, PFM, oil curse
This paper argues that oil revenue management and public investment in Congo are vulnerable to corruption as a result of limited transparency and accountability. Corruption has potentially contributed to poor macro...