Republic of Congo : 2001 Article IV.
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...
| Coauteur: | |
|---|---|
| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2001.
|
| Reeks: | IMF Staff Country Reports; Country Report ;
No. 2001/999 |
| Onderwerpen: | |
| Online toegang: | Full text available on IMF |