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  • Congo, Republic of x
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International Monetary Fund. African Dept.
This paper on Republic of Congo focuses on poverty reduction and growth strategy. The diagnostic analysis of the socio-economic situation shows that the Congo still faces many challenges. It is recommended to strengthen the quality, capacities, and efficiency of the system, and manage human resources rationally and efficiently in all their components. Focus the national development plan’s (NDP) actions on the economy to make it stronger, and thus give the State more consistent means of action to meet the main national challenges. The implementation of the six strategic pillars of the NDP mentioned above should enable the State to have the necessary resources for the development of education, health, social protection, and basic social services infrastructure. The impact of this involvement is based on a correlation between the expected effects on the social dividend and the actual achievement of the targets for each Sustainable Development Goal.
International Monetary Fund
The government of the Republic of Congo launched a program aimed at consolidating peace and promoting economic and social development. The objectives included improvement of governance and consolidation of peace and security, promotion of growth and macroeconomic stability, improvement of public access to basic social services, improvement of the social environment, integration of disadvantaged groups, and combating HIV/AIDS. The review shows that much remains to be accomplished, and building on the significant gains of recent years, the decision to expand and strengthen the strategic poverty reduction framework was made.
International Monetary Fund
This note reviews the Republic of Congo’s Poverty Reduction, Growth and Employment Strategy Paper (PRSP). PRSP outlines a comprehensive framework for the reduction of poverty and emphasizes diversifying the economy to generate employment, provide social services and reduce the vulnerability of its citizens, and strengthen good governance. It can be further strengthened by setting clear, realistic targets, prioritizing and sequencing goals and plans to achieve those goals, and creating systems for monitoring and evaluating the specific projects undertaken.
International Monetary Fund. Research Dept.
The IMF Research Bulletin, a quarterly publication, selectively summarizes research and analytical work done by various departments at the IMF, and also provides a listing of research documents and other research-related activities, including conferences and seminars. The Bulletin is intended to serve as a summary guide to research done at the IMF on various topics, and to provide a better perspective on the analytical underpinnings of the IMF’s operational work.
International Monetary Fund
This paper examines Congo’s Interim Poverty Reduction Strategy Paper (I-PRSP). Congo’s I-PRSP explains the features and causes of poverty in Congo. It provides a short- and medium-term vision of development as well as a strategic orientation for a return to sustainable and equitable growth. The main objective is steady poverty reduction. The choice and implementation of strategic orientations and priority actions in the I-PRSP are consistent with the government’s commitment to rebuilding the economy and in line with the Millennium Development Goals, the New Partnership for Development, and the government’s “nouvelle espérance” program.
International Monetary Fund
This paper examines the Democratic Republic of the Congo’s Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and for the First Annual Program. The authorities requested a three-year PRGF arrangement in support of their program covering April 1, 2002–July 31, 2005, in an amount equivalent to SDR 580 million. The authorities have also steadfastly implemented a Staff-Monitored Program covering June 2001–March 2002, aiming principally at stabilizing the economic situation, and laying the foundation for the restoration of growth and reconstruction.