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Republic of Congo - Enhanced HIPC Debt Initiative : decision point document (Inglês)

This report addresses: (a) the assistance of the International Development Association (IDA) proposed in the interim period between the decision point and completion point; (b) the relief that is proposed at the completion point; and (c) the triggers (conditions) that the Republic of Congo must satisfy to reach completion under the Enhanced HIPC Initiative. This document complements the attached joint IDA-IMF paper entitled "Republic of Congo: Decision Point Document for the Enhanced Heavily Indebted Poor Countries Initiative". The Decision Point document contains an updated debt sustainability analysis (DSA) which was circulated to the Board on August 5, 2005. The updated DSA, using end-December 2004 data, has been prepared jointly by IDA and IMF staff, and the Congolese authorities. It reflects updated information concerning the underlying debt data, including transactions which took place during 2004.


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    Documento sobre o ponto de decisão

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    Congo, República do

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    Republic of Congo - Enhanced HIPC Debt Initiative : decision point document

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    oil revenue;oil sector;interim poverty reduction strategy;national strategic;economic and social performance;traditional debt relief;traditional debt relief mechanism;Public and Publicly Guaranteed;international reputation;commercial creditor;external debt service;Oil, Gas and Mining;access to health care;millennium development goal;external current account balance;production sharing agreement;world oil price;private oil companies;debt sustainability analysis;national oil company;civil society;real gdp;bilateral creditor;Public Finance Management;internal control;total stock;government plan;prudent fiscal policy;higher education establishment;community and school;export of goods;transfer of property;price adjustment mechanism;private sector activity;outstanding debt stock;government's reform program;high oil revenue;Social Impact Analysis;total debt service;national household survey;price for oil;average oil price;world food;basic social service;debt stock reduction;household expenditure survey;Health and Population;Public Expenditure Management;primary budget balance;dollars per barrel;total external debt;claims by creditor;consumer price inflation;human development index;labor force statistics;record performance;infant mortality rate;school age population;gross primary enrollment;lack of transparency;Public Procurement System;medium-term budget framework;access to infrastructure;net present value;transfer of revenue;international financial community;quality and efficiency;universal primary enrollment;Public Financial Management;water and electricity;maternal mortality rate;higher education financing;light crudes oil;banking system;external arrears;domestic arrears;sensitivity analysis;fiscal balance;baseline scenario;Macroeconomic Stability;fiscal revenue;forestry sector;vulnerable group;illegal logging;macroeconomic framework;government revenue;forecast period;quantitative performance;financial account;rebel attack;government spending;multilateral creditor;pharmaceutical sector;Learning and Innovation Credit;macroeconomic projection;bilateral debt;internet site;domestic debt;



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