Republic of Congo Economic Update, September 2014 : The Road to Economic Development

Republic of Congo Economic Update, September 2014 : The Road to Economic Development

Congo's current growth trend is lower than the projected rate of growth in the 2012-2016 National Development Plan (NDP). Congo should continue investing intensively but more efficiently in infrastructure, an urgent need. Ample evidence shows...

Full description

Bibliographic Details
Main Author: World Bank
Format: Economic Updates and Modeling
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
BALANCE
CADRE
FIGURE
INFLATION
INFRASTRUCTURES
MACRO
ROUTE
ROUTES
SIMULATIONS
STOCKS
TRANSPORT
TRANSPORTS
Online Access:http://documents.worldbank.org/curated/en/2014/09/20274148/republic-congo-follow-up-report-economic-financial-situation
http://hdl.handle.net/10986/20737
id okr-10986-20737
recordtype oai_dc
spelling okr-10986-207372021-04-23T14:03:56Z Republic of Congo Economic Update, September 2014 : The Road to Economic Development World Bank BALANCE CADRE FIGURE INFLATION INFRASTRUCTURES MACRO ROUTE ROUTES SIMULATIONS STOCKS TRANSPORT TRANSPORTS Congo's current growth trend is lower than the projected rate of growth in the 2012-2016 National Development Plan (NDP). Congo should continue investing intensively but more efficiently in infrastructure, an urgent need. Ample evidence shows that investment efficiency in infrastructure is critical for economic development. Given the importance of this issue for the future growth trajectory of the country, the second part of the update focuses on efficient investment in infrastructure. By focusing on improving government efficiency, the Republic of Congo would be well positioned to achieve sustained and diversified growth, rather than continuing on the current path that is largely driven by higher levels of public investment. The Congolese government can achieve better public investment outcomes by implementing sound public financial management policies in these areas. These include better preparation and planning of investment projects, introduction of systems-based commitment of reform in the procurement and disbursement system to speed up the processes and make them more transparent. 2014-12-16T20:25:29Z 2014-12-16T20:25:29Z 2014-09 http://documents.worldbank.org/curated/en/2014/09/20274148/republic-congo-follow-up-report-economic-financial-situation http://hdl.handle.net/10986/20737 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Africa Congo, Republic of
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic BALANCE
CADRE
FIGURE
INFLATION
INFRASTRUCTURES
MACRO
ROUTE
ROUTES
SIMULATIONS
STOCKS
TRANSPORT
TRANSPORTS
spellingShingle BALANCE
CADRE
FIGURE
INFLATION
INFRASTRUCTURES
MACRO
ROUTE
ROUTES
SIMULATIONS
STOCKS
TRANSPORT
TRANSPORTS
World Bank
Republic of Congo Economic Update, September 2014 : The Road to Economic Development
geographic_facet Africa
Congo, Republic of
description Congo's current growth trend is lower than the projected rate of growth in the 2012-2016 National Development Plan (NDP). Congo should continue investing intensively but more efficiently in infrastructure, an urgent need. Ample evidence shows that investment efficiency in infrastructure is critical for economic development. Given the importance of this issue for the future growth trajectory of the country, the second part of the update focuses on efficient investment in infrastructure. By focusing on improving government efficiency, the Republic of Congo would be well positioned to achieve sustained and diversified growth, rather than continuing on the current path that is largely driven by higher levels of public investment. The Congolese government can achieve better public investment outcomes by implementing sound public financial management policies in these areas. These include better preparation and planning of investment projects, introduction of systems-based commitment of reform in the procurement and disbursement system to speed up the processes and make them more transparent.
format Economic & Sector Work :: Economic Updates and Modeling
author World Bank
author_facet World Bank
author_sort World Bank
title Republic of Congo Economic Update, September 2014 : The Road to Economic Development
title_short Republic of Congo Economic Update, September 2014 : The Road to Economic Development
title_full Republic of Congo Economic Update, September 2014 : The Road to Economic Development
title_fullStr Republic of Congo Economic Update, September 2014 : The Road to Economic Development
title_full_unstemmed Republic of Congo Economic Update, September 2014 : The Road to Economic Development
title_sort republic of congo economic update, september 2014 : the road to economic development
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/09/20274148/republic-congo-follow-up-report-economic-financial-situation
http://hdl.handle.net/10986/20737
_version_ 1764445915214512128

Similar Items