01638cas a2200241 a 4500 AALejournalIMF003877 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451808599 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Congo : Enhanced Heavily Indebted Poor Countries (HIPC) Initiative; Preliminary Document. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (43 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2005/391 Full text available on IMF http://elibrary.imf.org/view/journals/002/2005/391/002.2005.issue-391-en.xml IMF e-Library