Democratic Republic of the Congo: Poverty Reduction Strategy Paper

Author: International Monetary Fund. African Dept.

Volume/Issue: Volume 2013 Issue 226

Publication date: July 2013

ISBN: 9781484313183

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Environmental Economics , Demography , Poverty and Homelessness , ISCR , CR , economic growth , natural resources , private sector , public finance , civil society , financial crisis , job creation , economic policy , Global , Sub-Saharan Africa

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Summary

This Poverty Reduction Strategy Paper on the Democratic Republic of Congo discusses economic policies and development. The macroeconomic and budget framework has been developed to take into account the effects of sectoral policies to maintain macroeconomic stability, a necessary condition for laying the foundation of economic growth and poverty reduction. It is based on the profile of public spending, the assessment of costs for achieving the Millennium Development Goals by 2020, and the sector-based economic growth theories taking into account the uncertainties of the international environment and the real potential of the Congolese economy. It is found that it allows for a realistic programming of public spending while highlighting the main budgetary choices proposed by the government.