01660cas a2200253 a 4500 AALejournalIMF010778 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451841114 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Congo : 2001 Article IV. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (83 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 primary source of hyperinflation has been unbridled monetization of an uncontrolled budgetary deficit. The Central Bank of the Congo (BCC) has lost control of monetary policy, and its role has been reduced to financing the fiscal deficit. The IMF staff agrees with the government that achievement of the major targets requires a strong fiscal adjustment effort, a restrictive monetary policy, and a well-sequenced implementation of structural and sectoral reforms, together with the timely strengthening of administrative capacity with the help of the international community. Mode of access: Internet Congo, Democratic Republic of the imf IMF Staff Country Reports; Country Report ; No. 2001/999 Full text available on IMF http://elibrary.imf.org/view/journals/002/2001/999/002.2001.issue-999-en.xml IMF e-Library