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Republic of Congo: Selected Issues

Republic of Congo: Selected Issues by International Monetary Fund
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This Selected Issues Paper for the Republic of Congo discusses economic development and policies. Domestic prices of refined petroleum products are administratively set by the authorities below import parity. Non-oil revenue in 2007 has remained about 20 percent of non-oil GDP, compared with overall fuel subsidies of about 8.3 percent of non-oil GDP. The fuel pricing policy and subsidy scheme have been established by the authorities to protect low-income households from rising energy prices.
International Monetary Fund; February 2009
36 pages; ISBN 9781452770659
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Title: Republic of Congo: Selected Issues
Author: International Monetary Fund