Republic of Congo: Poverty Reduction Strategy Paper: Annual Progress Report

Author: International Monetary Fund

Volume/Issue: Volume 2010 Issue 069

Publication date: March 2010

ISBN: 9781451982305

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Topics covered in this book

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Economics- Macroeconomics , Health Policy , ISCR , CR , private sector , civil society , General secretariat , public finance , development program , liberalization policy , production capacity , feasibility study , housing objective , Transportation , Health care , Global , Central Africa

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Summary

This paper reviews the first annual progress report (APR) on implementation of the Poverty Reduction Strategy (PRS) in the Republic of Congo. The paper discusses that a number of stages in PRS implementation have already been completed. The PRS is being implemented in an international economic context marked by a severe economic and financial crisis. At the national level, favorable circumstances have enabled Congo to maintain a high level of economic growth averaging nearly 6 percent a year from 2005 to 2009.