01907cas a2200241 a 4500 AALejournalIMF004328 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451808612 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Congo : Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Waiver of Nonobservance of Performance Criteria, Rephasing, and Extension of Arrangement-Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (95 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 The completion of the Second Review Under the Poverty Reduction Growth Facility Arrangement was delayed to address important governance and transparency concerns. Macroeconomic performance was strong in the year 2005. Policy discussions focused on improving macroeconomic management against the background of continued high oil prices and efforts to further strengthen governance. The medium-term economic outlook is more favorable than expected, owing to higher oil price projections. The main objective of the fiscal policy is to strengthen the public sector balance sheet. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/262 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/262/002.2006.issue-262-en.xml IMF e-Library