Democratic Republic of the Congo: Fifth Review Under the Extended Credit Facility Arrangement, Requests for Modification of Quantitative Performance Criteria, Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review-Press Rele

Fifth Review Under the Extended Credit Facility Arrangement, Requests for Modification of Quantitative Performance Criteria, Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for the Democratic Republic of the Congo

Author: International Monetary Fund. African Dept.

Democratic Republic of the Congo: Fifth Review Under the Extended Credit Facility Arrangement, Requests for Modification of Quantitative Performance Criteria, Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review-Press Release; Staff Report

Volume/Issue: Volume 2023 Issue 434

Publication date: December 2023

ISBN: 9798400262470

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Topics covered in this book

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International - Economics , Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Congolese authorities , implementation framework , IMF's transparency policy , aggregate disbursement , Policy discussion , IMF arrangement , Fiscal stance , Credit , Anti-money laundering and combating the financing of terrorism (AML/CFT) , Arrears , Global , Africa , Middle East

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Summary

Despite the continuing impact of the armed conflict in the East on the security and humanitarian situation, and approaching elections scheduled on December 20, 2023, the authorities remain committed to preserve program’s objectives, including by limiting macroeconomic slippages and continuing implementation of the economic reform program.