Democratic Republic of the Congo

Democratic Republic of the Congo

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Economic performance in the Democratic Republic of the Congo (DRC) has improved markedly. To safeguard the fiscal position, the government has to rigorously monitor budget execution and reduce nondiscretionary spending. The current monetary and floating exchange rate regime should be maintained. Recent efforts to shore up financial stability and develop the banking sector give opportunities for closer regional and global financial integration. Institutional weaknesses, the business environment, and establishing a strong foundation for the exploitation and development of DRCa€™s natural resources will be critical.2012 Article IV Consultationa€”Staff Report; Public Information Notice on the Executive Board Discussion; and Statement ... In spite of difficulties, the authorities have continued to produce an array of economic and financial statistics, most of which are ... for the IM Fa#39;s Government Finance Statistics Yearbook in the format of the Government Finance Statistics Manual 2001 but has not reported subsequently.

Title:Democratic Republic of the Congo
Author:International Monetary Fund. African Dept.
Publisher:International Monetary Fund - 2013-04-03


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