Republic of Congo: 2015 Article IV Consultation-Press Release; and Staff Report
This 2015 Article IV Consultation highlights that Congo's growth was strong in 2014 and inflation was moderated, but the country has been hit hard by the oil price shock. Growth rose to 6.8 percent in 2014, driven by a rebound in oil production. The fiscal deficit amounted to 8.5 percent of GDP...
Gespeichert in:
| Körperschaft: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2015
|
| Schriftenreihe: | IMF Staff Country Reports: Country Report No. 15 / 263
|
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This 2015 Article IV Consultation highlights that Congo's growth was strong in 2014 and inflation was moderated, but the country has been hit hard by the oil price shock. Growth rose to 6.8 percent in 2014, driven by a rebound in oil production. The fiscal deficit amounted to 8.5 percent of GDP in 2014, a near doubling from 2013, owing mostly to increased spending and the lower oil revenues. The near- and medium-term outlook will be shaped by developments in the oil sector and the path and quality of fiscal adjustment. GDP growth in 2015 is projected at 1 percent and to average about 3 percent per year during 2015-20 |
| Beschreibung: | 1 Online-Ressource (77 p) |
| ISBN: | 1513552244 9781513552248 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:37Z |
| indexdate | 2024-07-10T09:35:47Z |
| institution | BVB |
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| language | English |
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| series2 | IMF Staff Country Reports: Country Report No. 15 / 263 |
| spelling | International Monetary Fund. African Dept Verfasser aut Republic of Congo 2015 Article IV Consultation-Press Release; and Staff Report International Monetary Fund. African Dept Washington, D.C International Monetary Fund 2015 1 Online-Ressource (77 p) txt rdacontent c rdamedia cr rdacarrier IMF Staff Country Reports: Country Report No. 15 / 263 This 2015 Article IV Consultation highlights that Congo's growth was strong in 2014 and inflation was moderated, but the country has been hit hard by the oil price shock. Growth rose to 6.8 percent in 2014, driven by a rebound in oil production. The fiscal deficit amounted to 8.5 percent of GDP in 2014, a near doubling from 2013, owing mostly to increased spending and the lower oil revenues. The near- and medium-term outlook will be shaped by developments in the oil sector and the path and quality of fiscal adjustment. GDP growth in 2015 is projected at 1 percent and to average about 3 percent per year during 2015-20 Online-Ausg International Monetary Fund. African Dept Sonstige oth http://www.elibrary.imf.org/view/IMF002/22835-9781513552248/22835-9781513552248/22835-9781513552248.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Republic of Congo 2015 Article IV Consultation-Press Release; and Staff Report |
| title | Republic of Congo 2015 Article IV Consultation-Press Release; and Staff Report |
| title_auth | Republic of Congo 2015 Article IV Consultation-Press Release; and Staff Report |
| title_exact_search | Republic of Congo 2015 Article IV Consultation-Press Release; and Staff Report |
| title_exact_search_txtP | Republic of Congo 2015 Article IV Consultation-Press Release; and Staff Report |
| title_full | Republic of Congo 2015 Article IV Consultation-Press Release; and Staff Report International Monetary Fund. African Dept |
| title_fullStr | Republic of Congo 2015 Article IV Consultation-Press Release; and Staff Report International Monetary Fund. African Dept |
| title_full_unstemmed | Republic of Congo 2015 Article IV Consultation-Press Release; and Staff Report International Monetary Fund. African Dept |
| title_short | Republic of Congo |
| title_sort | republic of congo 2015 article iv consultation press release and staff report |
| title_sub | 2015 Article IV Consultation-Press Release; and Staff Report |
| url | http://www.elibrary.imf.org/view/IMF002/22835-9781513552248/22835-9781513552248/22835-9781513552248.xml |
| work_keys_str_mv | AT internationalmonetaryfundafricandept republicofcongo2015articleivconsultationpressreleaseandstaffreport |