Republic of Congo Public Expenditure Management and Financial Accountability Review Implementing Public Financial Management Reforms to Stimulate Growth and Achieve Shared Prosperity

The Republic of Congo (Congo) boasts numerous assets that can be harnessed to build a strong and robust economy. These assets are oil, ore such as iron and potash, arable lands, and a young population. Congo is the fourth largest oil producer among West and Central African countries, both in total p...

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Bibliographic Details
Corporate Author: World Bank
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2015
Series:Public Expenditure Review
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:The Republic of Congo (Congo) boasts numerous assets that can be harnessed to build a strong and robust economy. These assets are oil, ore such as iron and potash, arable lands, and a young population. Congo is the fourth largest oil producer among West and Central African countries, both in total production (260,000 barrels per day) and production per capita terms. In addition, the country is endowed with substantial iron and potash that are yet to be exploited; it has a vast arable lands that could be useful for agricultural development; and the country boasts a young population, which, if well-educated, could be a dynamic labor force helping to spur economic growth