The Democratic Republic of the Congo: 2001 Article IV Consultation and Discussions on Staff-Monitored Program--Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities

The Democratic Republic of the Congo: 2001 Article IV Consultation and Discussions on Staff-Monitored Program--Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 83
Release: 2001-07-30
Genre: Business & Economics
ISBN: 1451934459

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

Republic of Congo

Republic of Congo
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 83
Release: 2001-01-01
Genre: Business & Economics
ISBN: 1451841116

The primary source of hyperinflation has been unbridled monetization of an uncontrolled budgetary deficit. The Central Bank of the Congo (BCC) has lost control of monetary policy, and its role has been reduced to financing the fiscal deficit. The IMF staff agrees with the government that achievement of the major targets requires a strong fiscal adjustment effort, a restrictive monetary policy, and a well-sequenced implementation of structural and sectoral reforms, together with the timely strengthening of administrative capacity with the help of the international community.

International Monetary Fund Annual Report 2021

International Monetary Fund Annual Report 2021
Author: International Monetary Fund. Secretary's Department
Publisher: International Monetary Fund
Total Pages: 74
Release: 2021-10-04
Genre: Business & Economics
ISBN: 1513568817

A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.

HMSO Agency Catalogue

HMSO Agency Catalogue
Author: Great Britain. Her Majesty's Stationery Office
Publisher:
Total Pages: 320
Release: 2001
Genre: International agencies
ISBN:

Staff Guidance Note on Macroprudential Policy

Staff Guidance Note on Macroprudential Policy
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 45
Release: 2014-06-11
Genre: Business & Economics
ISBN: 1498342620

This note provides guidance to facilitate the staff’s advice on macroprudential policy in Fund surveillance. It elaborates on the principles set out in the “Key Aspects of Macroprudential Policy,” taking into account the work of international standard setters as well as the evolving country experience with macroprudential policy. The main note is accompanied by supplements offering Detailed Guidance on Instruments and Considerations for Low Income Countries

Democratic Republic of the Congo

Democratic Republic of the Congo
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 122
Release: 2013-07-23
Genre: Social Science
ISBN: 1484312872

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.

Global Waves of Debt

Global Waves of Debt
Author: M. Ayhan Kose
Publisher: World Bank Publications
Total Pages: 403
Release: 2021-03-03
Genre: Business & Economics
ISBN: 1464815453

The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.