Cover Departmental Papers
Sustaining more Inclusive Growth in the Republic of Congo
Author: Ms. Dalia S Hakura, Mr. Adrian Alterhttps://orcid.org/0000-0003-4752-4808, Matteo Ghilardi, Mr. Rodolfo Maino, Mr. Cameron McLoughlin1, and Mr. Maximilien Queyranne
  • 1 https://isni.org/isni/0000000404811396, International Monetary Fund
Series:
Departmental Papers
Volume/Issue:
Volume 2015: Issue 002
Language:
English
Publication Date:
11 Feb 2015
DOI:
https://doi.org/10.5089/9781498317702.087
ISBN:
9781498317702
ISSN:
2616-5333
Pages:
44
Keywords:
DPPP; DP; investment; revenue; oil revenue; Congo government; MTN Congo; natural resource; fiscal policy; property tax; investment efficiency; insurance market; United Nations Human Development Index score; transfer program; Public investment spending; Income inequality; Oil, gas and mining taxes; Africa; Global; Sub-Saharan Africa; standard of living; scaled-up investment scenario; return on assets; investment-growth linkage; economic growth
Legal-disclaimer:
The Departmental Paper Series presents research by IMF staff on issues of broad regional or cross-country interest. The views expressed in this paper are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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The Republic of Congo has seen dramatic improvement in its debt situation since 2010, following debt relief through the IMF and World Bank Heavily Indebted Poor Countries/Multilateral Debt Relief Initiative. Large oil revenues have allowed the country to boost spending and increase foreign exchange reserves. Yet poverty and inequality remain comparatively high. This paper examines Congo’s challenge to manage its natural resource revenue and attain sustained inclusive growth.
Cover Departmental Papers
Departmental Papers
ISSN:
2616-5333
Publisher:
International Monetary Fund