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Republic of Congo: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues Paper for the Republic of Congo discusses economic development and policies. Domestic prices of refined petroleum products are administratively set by the authorities below import parity. Non-oil revenue in 2007 has remained about 20 percent of non-oil GDP, compared with overall fuel subsidies of about 8.3 percent of non-oil GDP. The fuel pricing policy and subsidy scheme have been established by the authorities to protect low-income households from rising energy prices.

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  • International Monetary Fund, 2009. "Republic of Congo: Selected Issues," IMF Staff Country Reports 2009/072, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2009/072
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    Cited by:

    1. Erica Enne & Giacomo Galanello & Eliana Marino, 2010. "Drivers of Change in the Democratic Republic of Congo: The Role of China in Re-Shaping the Country," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 17(2), pages 297-310, June.

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