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Republic of Congo: Enhanced Heavily Indebted Poor Countries (HIPC) Initiative: Preliminary Document

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  • International Monetary Fund

Abstract

This paper reviews the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative of the Republic of Congo. Emerging from a conflict situation, and starting from a low base, Congo has made significant progress in implementing financial and structural reforms, but large challenges remain. The overall improving political and security conditions allowed the authorities to make good progress toward restoring macroeconomic and financial stability. Debt relief under the enhanced HIPC Initiative would reduce Congo’s external debt by nearly one-half.

Suggested Citation

  • International Monetary Fund, 2005. "Republic of Congo: Enhanced Heavily Indebted Poor Countries (HIPC) Initiative: Preliminary Document," IMF Staff Country Reports 2005/391, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2005/391
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    Cited by:

    1. Bruce Whitehouse, 2009. "Discrimination, Despoliation and Irreconcilable Difference: Host-Immigrant Tensions in Brazzaville, Congo," Africa Spectrum, Institute of African Affairs, GIGA German Institute of Global and Area Studies, Hamburg, vol. 44(1), pages 39-59.

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