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Republic of Congo: 2013 Article IV Consultation

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2013. "Republic of Congo: 2013 Article IV Consultation," IMF Staff Country Reports 2013/282, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2013/282
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    References listed on IDEAS

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    1. Burcu Aydin, 2010. "Exchange Rate Assessment for Sub-Saharan Economies," IMF Working Papers 2010/162, International Monetary Fund.
    2. Valerio Crispolti & Era Dabla-Norris & Jun I Kim & Kazuko Shirono & George C. Tsibouris, 2013. "Assessing Reserve Adequacy in Low-Income Countries," IMF Occasional Papers 2013/002, International Monetary Fund.
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    Cited by:

    1. Ndoricimpa Arcade, 2017. "Working Paper 249 - Threshold Effects of Inflation on Economic Growth in Africa: Evidence from a Dynamic Panel Threshold Regression," Working Paper Series 2359, African Development Bank.
    2. Ndoricimpa, Arcade & Osoro, Nehemiah & Kidane, Asmerom, 2016. "Threshold effects of inflation on economic growth in selected African regional economic communities: Evidence from a dynamic panel threshold modeling," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 41, pages 5-23.
    3. World Bank, 2014. "Republic of Congo : Enhancing Efficiency in Education and Health Public Spending for Improved Quality Service Delivery for All," World Bank Publications - Reports 19299, The World Bank Group.
    4. Adekoya, Oluwasegun B. & Oliyide, Johnson A. & Tahir, Hammad, 2021. "What do we know about the inflation-hedging property of precious metals in Africa? The case of leading producers of the commodities," Resources Policy, Elsevier, vol. 72(C).

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