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Democratic Republic of the Congo

36 View(s), published at 2004-08-09, written by International Monetary Fund, published by International Monetary Fund
Democratic Republic of the Congo

Democratic republic of the congo by International Monetary Fund This paper discusses Congo’s Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), and Requests for Waiver of Performance Criteria. Overall performan.... Published date on: 2004-08-09 with total page: 110 pages. Publisher of Democratic Republic of the Congo is International Monetary Fund.

This paper discusses Congo’s Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), and Requests for Waiver of Performance Criteria. Overall performance under the program was satisfactory and at end-March 2004, 8 out of the 11 quantitative performance criteria were observed. The structural performance criterion was met. Economic growth has been higher than envisaged, and inflation has decelerated more rapidly than programmed. As expected, the end-2003, fiscal objectives were missed by less than 1 percent of GDP.

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