Guinea: Staff Report for the 2002 Article IV Consultation, the First Review Under the Poverty Reduction and Growth Facility, Requests for Waiver of Performance Criteria, Second-Year Program Under the Poverty Reduction and Growth Facility, and for Addi

Staff Report for the 2002 Article IV Consultation, the First Review Under the Poverty Reduction and Growth Facility, Requests for Waiver of Performance Criteria, Second-Year Program Under the Poverty Reduction and Growth Facility, and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries

Author: International Monetary Fund

Volume/Issue: Volume 2004 Issue 099

Publication date: April 2004

ISBN: 9781451815160

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Public Policy - Social Services and Welfare , ISCR , CR , Board decision , microfinance institution CMG , PRGF arrangement from the IMF , PRGF arrangement , repayment plan , PRGF loan , Poverty reduction strategy , Mining sector , Debt service , West Africa , Sub-Saharan Africa

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Republic of Congo : 2001 Article IV

Summary

The first review of the three-year PRGF arrangement approved on May 2, 2001, has been delayed to give the authorities time to rectify weaknesses in program execution during a four-month consolidation period by meeting specified revenue and expenditure targets set for that period. The medium-term macroeconomic framework underpinning the poverty reduction strategy paper is consistent with that of the initial poverty reduction growth facility (PRGF)-supported program approved. The public enterprise restructuring and privatization program remains a key element of the structural reform agenda.