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Democratic Republic of the Congo Request for the Rapid-Access Component of the Exogenous Shocks Facility and Report on the 2008 Staff Monitored Program. [electronic resource] : - Washington, D.C. : International Monetary Fund, 2009. - 1 online resource (35 p.) - IMF Staff Country Reports, Country Report ; No. 09/317 . - IMF Staff Country Reports, Country Report ; No. 09/317 .

This paper discusses a request from Congo for the Rapid-Access Component of the Exogenous Shocks Facility. Performance on the 2008 staff-monitored program was mixed, complicated by the effects of the exogenous shock. Although weaknesses remain, the authorities strengthened public financial management, particularly with regard to urgent government expenditure. They also made progress in addressing IMF staff's concerns about the debt sustainability implications of the Sino-Congolese mining and infrastructure cooperation agreement. The authorities are committed to implementing appropriate adjustment policies.

ISBN: 1451808461 : 18.00 USD

ISSN: 1934-7685

Standard No.: 10.5089/9781451808469.002 doi

Subjects--Topical Terms:
Access To Fund General Resources
Balance of Payments Need
Commodity Price Fluctuations
Economic Indicators
Exogenous Shocks Facility

Subjects--Geographic Terms:
Congo, Democratic Republic of the