TohidA/MONA · Datasets at Hugging Face

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

N/A

2011-01-19

P1

R4

BLANK

SPC

20.3

1.3. Expenditure measures, including arrears clearance

Prepare a medium-term expenditure framework (in consultation with development partners) consistent with the Poverty Reduction Strategy (PRS).

1

06/30/2009

M

R0 macroeconomic rationale: tighten contral over budget execution and monitoring, and to achieve consistency with the PRS. Strengthen governance and transparency in the use of public resources.

4

1

2009-06-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

N/A

2011-01-19

P1

R4

BLANK

SPC

20.6

1.6. Expenditure auditing, accounting, and financial controls

Finalize and adopt the three-year action plan to improve public investment management prepared with assistance from the IMF, World Bank, and the French Cooperation; and publish the plan on the government website.

2

12/31/2008

M

R0 macroeconomic rationale: tighten contral over budget execution and monitoring, and to achieve consistency with the PRS. Strengthen governance and transparency in the use of public resources.

4

2

2008-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

N/A

2011-01-19

P1

R4

BLANK

SPC

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Quarterly certification of oil revenue by an internationally reputable audit firm, using the same specification as for the 2003 certification and with no restrictions on access to information; certification reports to be published on the website of the Ministry of Economy, Finance, and Budget (www.mefb-cg.org). Also, the government will post the audit report on the website, and for each report, a note addressing the comments by the auditors.

1

04/30/2009

W

At R1, met with delay for the third quarter report.

4

1

2009-04-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

N/A

2011-01-19

P1

R4

BLANK

SPC

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Quarterly certification of oil revenue by an internationally reputable audit firm, using the same specification as for the 2003 certification and with no restrictions on access to information; certification reports to be published on the website of the Ministry of Economy, Finance, and Budget (www.mefb-cg.org). Also, the government will post the audit report on the website, and for each report, a note addressing the comments by the auditors.

1

Quarterly

MOD-SB

At R0, test date listed as "continuous, with a one-quarter lag." R0 macroeconomic rationale: to safeguard oil revenue and ensure that state-owned enterprises in the sector are financially sound and efficient. At R2, this PC was changed to a structural benchmark beginning in June 2009. (Observed for June 30, 2009 test date as a structural benchmark.)

4

1

2023-09-23

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

N/A

2011-01-19

P1

R4

BLANK

SPC

20.8

1.8. Budget preparation (e.g., submission or approval)

Prepare the 2009 budget consistent with the PRGF program, and using the economic, functional, and administrative classifications.

1

12/31/2008

M

R0 macroeconomic rationale: tighten contral over budget execution and monitoring, and to achieve consistency with the PRS. Strengthen governance and transparency in the use of public resources.

4

1

2008-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

N/A

2011-01-19

P1

R4

BLANK

SPC

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Adopt a comprehensive action plan with a timetable to address institutional and procedural deficiencies in the commercialization of Congolese oil, in line with best international practices.

2

03/31/2009

W

R0 macroeconomic rationale: to safeguard oil revenue and ensure that state-owned enterprises in the sector are financially sound and efficient. Best practice would imply prices, marketing mechanisms, and fees that are comparable in other small oil-producing countries. At R1, met with a delay.

4

2

2009-03-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

N/A

2011-01-19

P1

R4

BLANK

SPC

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Adopt a new petroleum-pricing regime that will ensure fuel price subsidies are phased out by mid-2011.

1

03/31/2009

W

R0 macroeconomic rationale: to safeguard oil revenue and ensure that state-owned enterprises in the sector are financially sound and efficient. At R1, met with a delay.

4

1

2009-03-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

PA

20.3

1.3. Expenditure measures, including arrears clearance

Increase domestic petroleum prices across all products, by an average of 13 percent, which should lead to a decline in subsidies to no more than CFAF 75 billion in 2008.

1

Program Prior Action

M

N/A

5

1

2023-09-23

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20

1. General government

Support implementation of the new procurement code by ensuring that 80 percent of public contracts) having a total value of over CFAF 250 million are open to competitive bidding.

1

12/31/2009

M

Met for R3.

5

1

2009-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20

1. General government

Support implementation of the new procurement code by ensuring that 80 percent of public contracts) having a total value of over CFAF 250 million are open to competitive bidding.

1

06/30/2010

M

N/A

5

1

2010-06-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20

1. General government

Support implementation of the new procurement code by ensuring that 80 percent of public contracts) having a total value of over CFAF 250 million are open to competitive bidding.

1

12/31/2010

MD

At R5R6, delay was "due to early implementation difficulties at line ministries and the need to regularize previously signed contracts by bringing them under the new code."

5

1

2010-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20

1. General government

Support implementation of the new procurement code by ensuring that 80 percent of public contracts) having a total value of over CFAF 250 million are open to competitive bidding.

1

03/31/2011

MD

At R5R6, "By end-May the authorities had achieved a rate of about 90 percent."

5

1

2011-03-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20

1. General government

Support implementation of the new procurement code by ensuring that 80 percent of public contracts) having a total value of over CFAF 250 million are open to competitive bidding.

1

Continuous

SB

Introduced at R2.

5

1

2023-09-23

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Repatriation of the oil proceeds (to the Treasury) of oil shipments commercialized by private companies and SNPC on behalf of the government within 45 days after the actual shipment date (according to actual quantities, prices, and shipment dates).

1

06/30/2009

M

Met for R2.

5

1

2009-06-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Repatriation of the oil proceeds (to the Treasury) of oil shipments commercialized by private companies and SNPC on behalf of the government within 45 days after the actual shipment date (according to actual quantities, prices, and shipment dates).

1

12/31/2009

NM

At R3, not met.

5

1

2009-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Repatriation of the oil proceeds (to the Treasury) of oil shipments commercialized by private companies and SNPC on behalf of the government within 45 days after the actual shipment date (according to actual quantities, prices, and shipment dates).

1

06/30/2010

M

N/A

5

1

2010-06-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Repatriation of the oil proceeds (to the Treasury) of oil shipments commercialized by private companies and SNPC on behalf of the government within 45 days after the actual shipment date (according to actual quantities, prices, and shipment dates).

1

12/31/2010

M

Met for R5R6.

5

1

2010-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Repatriation of the oil proceeds (to the Treasury) of oil shipments commercialized by private companies and SNPC on behalf of the government within 45 days after the actual shipment date (according to actual quantities, prices, and shipment dates).

1

03/31/2011

M

Met for R5R6.

5

1

2011-03-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Repatriation of the oil proceeds (to the Treasury) of oil shipments commercialized by private companies and SNPC on behalf of the government within 45 days after the actual shipment date (according to actual quantities, prices, and shipment dates).

1

Continuous

SB

At R2, this was formerly a performance criterion that is now changed to a structural benchmark beginning in June 2009.

5

1

2023-09-23

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Prepare an action plan and timetable for the implementation of tax policy changes in line with FAD technical assistance.

2

03/31/2010

M

Introduced at R2.

5

2

2010-03-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Undertake the planned review of exemptions in line with FAD technical assistance, including in the areas of tax and customs.

3

12/31/2009

M

Introduced at R2.

5

3

2009-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

No recourse to emergency payment and cash advance procedures, except in situations stated in the organic budget law.

1

04/30/2009

M

Met for R1.

5

1

2009-04-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

No recourse to emergency payment and cash advance procedures, except in situations stated in the organic budget law.

1

06/30/2009

M

Met for R2.

5

1

2009-06-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

No recourse to emergency payment and cash advance procedures, except in situations stated in the organic budget law.

1

12/31/2009

M

Met for R3.

5

1

2009-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

No recourse to emergency payment and cash advance procedures, except in situations stated in the organic budget law.

1

06/30/2010

M

N/A

5

1

2010-06-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

No recourse to emergency payment and cash advance procedures, except in situations stated in the organic budget law.

1

Continuous

SB

R0 macroeconomic rationale: tighten contral over budget execution and monitoring, and to achieve consistency with the PRS. Strengthen governance and transparency in the use of public resources. 12/09 - Observed

5

1

2023-09-23

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Undertake audits to assess the arrears (wages, pensions) and liabilities of public enterprises liquidated or under restructuring. These audits will cover the period 2000-08.

2

06/30/2010

M

Introduced at R2.

5

2

2010-06-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of all invitations to bid and the bids themselves for government procurement contracts above CFAF200 million on the government's website (www.mefb-cg.org).

1

04/30/2009

M

Met for R1.

5

1

2009-04-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of all invitations to bid and the bids themselves for government procurement contracts above CFAF200 million on the government's website (www.mefb-cg.org).

1

06/30/2009

M

Met for R2.

5

1

2009-06-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of all invitations to bid and the bids themselves for government procurement contracts above CFAF200 million on the government's website (www.mefb-cg.org).

1

12/31/2009

M

Met for R3.

5

1

2009-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of all invitations to bid and the bids themselves for government procurement contracts above CFAF200 million on the government's website (www.mefb-cg.org).

1

Continuous

SB

R0 macroeconomic rationale: tighten contral over budget execution and monitoring, and to achieve consistency with the PRS. Strengthen governance and transparency in the use of public resources. 12/09- Observed

5

1

2023-09-23

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Quarterly certification of oil revenue by an internationally reputable audit firm, using the same specification as for the 2003 certification and with no restrictions on access to information; certification reports to be published on the website of the Ministry of Economy, Finance, and Budget (www.mefb-cg.org). Also, the government will post the audit report on the website, and for each report, a note addressing the comments by the auditors.

2

06/30/2009

M

Met for R2.

5

2

2009-06-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Quarterly certification of oil revenue by an internationally reputable audit firm, using the same specification as for the 2003 certification and with no restrictions on access to information; certification reports to be published on the website of the Ministry of Economy, Finance, and Budget (www.mefb-cg.org). Also, the government will post the audit report on the website, and for each report, a note addressing the comments by the auditors.

2

12/31/2009

MD

At R3, met with delay.

5

2

2009-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Quarterly certification of oil revenue by an internationally reputable audit firm, using the same specification as for the 2003 certification and with no restrictions on access to information; certification reports to be published on the website of the Ministry of Economy, Finance, and Budget (www.mefb-cg.org). Also, the government will post the audit report on the website, and for each report, a note addressing the comments by the auditors.

2

06/30/2010

M

N/A

5

2

2010-06-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Quarterly certification of oil revenue by an internationally reputable audit firm, using the same specification as for the 2003 certification and with no restrictions on access to information; certification reports to be published on the website of the Ministry of Economy, Finance, and Budget (www.mefb-cg.org). Also, the government will post the audit report on the website, and for each report, a note addressing the comments by the auditors.

2

12/31/2010

MD

N/A

5

2

2010-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Quarterly certification of oil revenue by an internationally reputable audit firm, using the same specification as for the 2003 certification and with no restrictions on access to information; certification reports to be published on the website of the Ministry of Economy, Finance, and Budget (www.mefb-cg.org). Also, the government will post the audit report on the website, and for each report, a note addressing the comments by the auditors.

2

03/31/2011

MD

N/A

5

2

2011-03-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Quarterly certification of oil revenue by an internationally reputable audit firm, using the same specification as for the 2003 certification and with no restrictions on access to information; certification reports to be published on the website of the Ministry of Economy, Finance, and Budget (www.mefb-cg.org). Also, the government will post the audit report on the website, and for each report, a note addressing the comments by the auditors.

2

Continuous

SB

At R2, this was formerly a performance criterion that is now changed to a structural benchmark beginning in June 2009.

5

2

2023-09-23

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

Submit to parliament a 2010 budget consistent with the new medium-term expenditure framework.

1

12/31/2009

M

Introduced at R2.

5

1

2009-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

24.1

5.1. Public enterprise pricing and subsidies

Ensure regular and timely adjustment of petroleum-product prices in line with the pricing mechanism adopted in May 2009, to avoid the need for budget subsidies or subsidies to the state-owned oil refinery, CORAF.

1

12/31/2009

M

Met for R3.

5

1

2009-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

24.1

5.1. Public enterprise pricing and subsidies

Ensure regular and timely adjustment of petroleum-product prices in line with the pricing mechanism adopted in May 2009, to avoid the need for budget subsidies or subsidies to the state-owned oil refinery, CORAF.

1

06/30/2010

M

N/A

5

1

2010-06-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

24.1

5.1. Public enterprise pricing and subsidies

Ensure regular and timely adjustment of petroleum-product prices in line with the pricing mechanism adopted in May 2009, to avoid the need for budget subsidies or subsidies to the state-owned oil refinery, CORAF.

1

Quarterly

SB

Introduced at R2; to be assessed quarterly.

5

1

2023-09-23

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Support implementation of the new oil commercialization action plan by ensuring that oil is marketed in line with the recommendations made by the international consultant, who is advising the state-owned oil enterprise (SNPC) on international best practice. These recommendations will include the introduction of competitive tenders for oil sales.

1

12/31/2009

M

Met for R3.

5

1

2009-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Support implementation of the new oil commercialization action plan by ensuring that oil is marketed in line with the recommendations made by the international consultant, who is advising the state-owned oil enterprise (SNPC) on international best practice. These recommendations will include the introduction of competitive tenders for oil sales.

1

06/30/2010

M

N/A

5

1

2010-06-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Support implementation of the new oil commercialization action plan by ensuring that oil is marketed in line with the recommendations made by the international consultant, who is advising the state-owned oil enterprise (SNPC) on international best practice. These recommendations will include the introduction of competitive tenders for oil sales.

1

Continuous

SB

Introduced at R2.

5

1

2023-09-23

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Adoption by the government of the financial sector strategy developed in consultation with Fund staff.

1

12/31/2008

M

R0 macroeconomic rationale: financial stability and deeper intermediation needed to support private sector development and broaden economic activity beyond the oil industry.

5

1

2008-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Finalize the strategic study of the oil-sector-assisted by Congo's development partners--which will include a critical assessment of the institutions and enterprises, including CORAF (state-owned oil refinery).

1

06/30/2009

MOD-DATE

R0 macroeconomic rationale: to safeguard oil revenue and ensure that state-owned enterprises in the sector are financially sound and efficient. 06/09 - In progress 12/09 - Ongoing

5

1

2009-06-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Finalize the strategic study of the oil-sector-assisted by Congo's development partners--which will include a critical assessment of the institutions and enterprises, including CORAF (state-owned oil refinery).

1

03/31/2010

MOD-DATE

At R2, test date revised to end-March 2010. At R3, not met.

5

1

2010-03-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SB

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Finalize the strategic study of the oil-sector-assisted by Congo's development partners--which will include a critical assessment of the institutions and enterprises, including CORAF (state-owned oil refinery).

1

09/30/2010

M

N/A

5

1

2010-09-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SPC

20.1

1.1. Revenue measures, excluding trade policy

Repatriation of the oil proceeds (to the Treasury) of oil shipments commercialized by private companies and SNPC on behalf of the government within 45 days after the actual shipment date (according to actual quantities, prices, and shipment dates).

1

04/30/2009

M

Met for R1.

5

1

2009-04-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SPC

20.1

1.1. Revenue measures, excluding trade policy

Repatriation of the oil proceeds (to the Treasury) of oil shipments commercialized by private companies and SNPC on behalf of the government within 45 days after the actual shipment date (according to actual quantities, prices, and shipment dates).

1

Continuous

MOD-SB

R0 macroeconomic rationale: to safeguard oil revenue and ensure that state-owned enterprises in the sector are financially sound and efficient. At R2, this PC was changed to a structural benchmark beginning in June 2009. (Observed for June 30, 2009 test date as a structural benchmark.)

5

1

2023-09-23

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SPC

20.3

1.3. Expenditure measures, including arrears clearance

Prepare a medium-term expenditure framework (in consultation with development partners) consistent with the Poverty Reduction Strategy (PRS).

1

06/30/2009

M

R0 macroeconomic rationale: tighten contral over budget execution and monitoring, and to achieve consistency with the PRS. Strengthen governance and transparency in the use of public resources.

5

1

2009-06-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SPC

20.6

1.6. Expenditure auditing, accounting, and financial controls

Finalize and adopt the three-year action plan to improve public investment management prepared with assistance from the IMF, World Bank, and the French Cooperation; and publish the plan on the government website.

2

12/31/2008

M

R0 macroeconomic rationale: tighten contral over budget execution and monitoring, and to achieve consistency with the PRS. Strengthen governance and transparency in the use of public resources.

5

2

2008-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SPC

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Quarterly certification of oil revenue by an internationally reputable audit firm, using the same specification as for the 2003 certification and with no restrictions on access to information; certification reports to be published on the website of the Ministry of Economy, Finance, and Budget (www.mefb-cg.org). Also, the government will post the audit report on the website, and for each report, a note addressing the comments by the auditors.

1

04/30/2009

W

At R1, met with delay for the third quarter report.

5

1

2009-04-30

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SPC

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Quarterly certification of oil revenue by an internationally reputable audit firm, using the same specification as for the 2003 certification and with no restrictions on access to information; certification reports to be published on the website of the Ministry of Economy, Finance, and Budget (www.mefb-cg.org). Also, the government will post the audit report on the website, and for each report, a note addressing the comments by the auditors.

1

Quarterly

MOD-SB

At R0, test date listed as "continuous, with a one-quarter lag." R0 macroeconomic rationale: to safeguard oil revenue and ensure that state-owned enterprises in the sector are financially sound and efficient. At R2, this PC was changed to a structural benchmark beginning in June 2009. (Observed for June 30, 2009 test date as a structural benchmark.)

5

1

2023-09-23

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SPC

20.8

1.8. Budget preparation (e.g., submission or approval)

Prepare the 2009 budget consistent with the PRGF program, and using the economic, functional, and administrative classifications.

1

12/31/2008

M

R0 macroeconomic rationale: tighten contral over budget execution and monitoring, and to achieve consistency with the PRS. Strengthen governance and transparency in the use of public resources.

5

1

2008-12-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SPC

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Adopt a comprehensive action plan with a timetable to address institutional and procedural deficiencies in the commercialization of Congolese oil, in line with best international practices.

2

03/31/2009

W

R0 macroeconomic rationale: to safeguard oil revenue and ensure that state-owned enterprises in the sector are financially sound and efficient. Best practice would imply prices, marketing mechanisms, and fees that are comparable in other small oil-producing countries. At R1, met with a delay.

5

2

2009-03-31

N/A

607

CONGO, REPUBLIC OF

634

PRGF

2008-12-08

2,008

2011-12-07

2,011

2011-08-04

N/A

2011-07-27

P1

R5R6

L

SPC

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Adopt a new petroleum-pricing regime that will ensure fuel price subsidies are phased out by mid-2011.

1

03/31/2009

W

R0 macroeconomic rationale: to safeguard oil revenue and ensure that state-owned enterprises in the sector are financially sound and efficient. At R1, met with a delay.

5

1

2009-03-31

N/A

784

CONGO, REPUBLIC OF

634

ECF

2019-07-11

2,019

2022-07-10

2,022

2021-04-10

N/A

2019-07-11

P1

R0

EL

PA

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish on the government website KPMG oil reconciliation reports and a table with all mining, forestry, and oil concessions holders.

1

Program Prior Action

M

Improve transparency; protect public resources

0

1

2023-09-23

N/A

784

CONGO, REPUBLIC OF

634

ECF

2019-07-11

2,019

2022-07-10

2,022

2021-04-10

N/A

2019-07-11

P1

R0

EL

PA

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Submission to the Parliament of a report on all the projects implemented by the Ministry of Public Works between 2014 and 2017.

2

Program Prior Action

M

Improve transparency; protect public resources

0

2

2023-09-23

N/A

784

CONGO, REPUBLIC OF

634

ECF

2019-07-11

2,019

2022-07-10

2,022

2021-04-10

N/A

2019-07-11

P1

R0

EL

PA

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Submit to Parliament a report on all ongoing “special agreements” between the government and companies that built infrastructure financed by in-kind payments.

3

Program Prior Action

M

Improve transparency and reduce corruption

0

3

2023-09-23

N/A

784

CONGO, REPUBLIC OF

634

ECF

2019-07-11

2,019

2022-07-10

2,022

2021-04-10

N/A

2019-07-11

P1

R0

EL

PA

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Submit to Parliament a report on the pre-financing contracts concluded by the SNPC and ongoing at the end of 2017

4

Program Prior Action

M

Improve transparency and reduce corruption

0

4

2023-09-23

N/A

784

CONGO, REPUBLIC OF

634

ECF

2019-07-11

2,019

2022-07-10

2,022

2021-04-10

N/A

2019-07-11

P1

R0

EL

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Complete the new audit of domestic debt that includes the budget exercises of 2017 and 2018 and all arrears of the General Direction of Public Works.

1

10/31/2019

SB

Reduce uncertainty and support the private sector

0

1

2019-10-31

N/A

784

CONGO, REPUBLIC OF

634

ECF

2019-07-11

2,019

2022-07-10

2,022

2021-04-10

N/A

2019-07-11

P1

R0

EL

SB

21.1

2.1. Central bank operations and reforms

Certification by the Ministry of Finance have transmitted to the BEAC all laws, contracts or agreements granting exemptions from foreign exchange regulations to oil operators

2

09/30/2019

SB

Support the CEMAC regional strategy

0

2

2019-09-30

N/A

784

CONGO, REPUBLIC OF

634

ECF

2019-07-11

2,019

2022-07-10

2,022

2021-04-10

N/A

2019-07-11

P1

R0

EL

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Scale up the Lisungi cash transfer as described in paragraph 31 of the MEFP.

1

12/31/2019

SB

Improve human capital

0

1

2019-12-31

N/A

784

CONGO, REPUBLIC OF

634

ECF

2019-07-11

2,019

2022-07-10

2,022

2021-04-10

N/A

2019-07-11

P1

R0

EL

SB

24.1

5.1. Public enterprise pricing and subsidies

Approve a revised domestic fuel price structure with higher taxes and an automatic adjustment mechanism to deliver the projected additional revenue from fuel taxes.

1

10/31/2019

SB

Increase government revenues

0

1

2019-10-31

N/A

784

CONGO, REPUBLIC OF

634

ECF

2019-07-11

2,019

2022-07-10

2,022

2021-04-10

N/A

2019-07-11

P1

R0

EL

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Adopt a privatization strategy to support program financing assurances.

1

09/30/2019

SB

Create fiscal space

0

1

2019-09-30

N/A

784

CONGO, REPUBLIC OF

634

ECF

2019-07-11

2,019

2022-07-10

2,022

2021-04-10

N/A

2019-07-11

P1

R0

EL

SB

30.4

11.4. Anti-corruption legislation/policy

Adopt the implementing decrees of the Law establishing the anti-corruption commission

1

09/30/2019

SB

Reduce corruption

0

1

2019-09-30

N/A

784

CONGO, REPUBLIC OF

634

ECF

2019-07-11

2,019

2022-07-10

2,022

2021-04-10

N/A

2019-07-11

P1

R0

EL

SB

30.4

11.4. Anti-corruption legislation/policy

Adopt the implementing decrees of the Law establishing the Transparency Commission

2

09/30/2019

SB

Improve transparency and governance

0

2

2019-09-30

N/A

784

CONGO, REPUBLIC OF

634

ECF

2019-07-11

2,019

2022-07-10

2,022

2021-04-10

N/A

2019-07-11

P1

R0

EL

SB

30.4

11.4. Anti-corruption legislation/policy

In consultation with Fund staff, submission to Parliament an amendment to the existing anti-corruption law to ensure full compliance with the UNCAC, including in respect to the domestic criminalization of all actions set in Chapter III of the United Nations Convention against Corruption (UNCAC).

3

03/30/2020

SB

Improve transparency and governance and protect public resources

0

3

2020-03-30

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R0

E

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Agree on terms of reference for the audit (by a reputable international audit firm) of COVID-19-related spending during 2020–21, and publish the call for tenders.

1

Program Prior Action

M

Rationale: Improve transparency and governance

0

1

2023-09-23

N/A

PA_20.60_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R0

E

PA

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish on the government website the 2019 report of performance under the Extractive Industries Transparency Initiative (EITI).

1

Program Prior Action

M

Rationale: Improve transparency and governance.

0

1

2023-09-23

N/A

PA_20.70_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R0

E

PA

30.4

11.4. Anti-corruption legislation/policy

Submit the new anti-corruption law to Parliament.

1

Program Prior Action

M

Rationale: Reduce corruption, improve governance, and protect public resources

0

1

2023-09-23

N/A

PA_30.40_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R0

E

SB

20.1

1.1. Revenue measures, excluding trade policy

Prepare an inventory of all tax arrears to identify them with precision and establish the probability of recovery.

1

12/31/2022

SB

Rational: Improve tax administration and support domestic revenue mobilization efforts.

0

1

2022-12-31

R0

N/A

SB_20.10_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R0

E

SB

20.5

1.5. Debt Management

Prepare a comprehensive medium term debt management strategy.

1

07/31/2022

SB

Rational: Manage debt-related risks and support fiscal sustainability.

0

1

2022-07-31

R0

N/A

SB_20.50_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R0

E

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Fully operationalize the remaining modules (accounting, cash management, fiscal reporting, treasury, procurement) of the new Expenditure Tracking Software (SIGFIP).

1

12/31/2022

SB

Rational: Improve transparency and governance and protect public resources.

0

1

2022-12-31

R0

N/A

SB_20.60_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R0

E

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish on the government website the audit (by a reputable international audit firm) of COVID-19-related spending during 2020.

1

06/30/2022

SB

Rational: Improve transparency and governance and protect public resources.

0

1

2022-06-30

R0

N/A

SB_20.70_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R0

E

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish on the government website oil reconciliation reports prepared by a reputable international audit firm and a table with all mining, forestry, and oil concessions holders.

2

06/30/2022

SB

Rational: Improve transparency and protect public resources.

0

2

2022-06-30

R0

N/A

SB_20.70_2

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R0

E

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Prepare a template for consolidated and sectoral public procurement plans that is comprehensive and reflects international best practices.

3

06/30/2022

SB

Rational: Improve public investment management, budget credibility and transparency, and cash management.

0

3

2022-06-30

R0

N/A

SB_20.70_3

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R0

E

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Operationalize the procurement planning template by mapping it to the 2023 budget.

4

12/31/2022

SB

Rational: Improve management of public spending (including public investment), budget credibility and transparency, and cash management.

0

4

2022-12-31

R0

N/A

SB_20.70_4

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R0

E

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

Prepare a new medium-term strategy for PFM reforms, with a three-year action plan, updated every 18 months.

1

03/31/2022

SB

Rational: Improve the efficiency and transparency in the use of public resources.

0

1

2022-03-31

R0

N/A

SB_20.80_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R0

E

SB

30.4

11.4. Anti-corruption legislation/policy

Parliamentary approval of the new anti-corruption law and publication of the accompanying decree clarifying conflict of interest rules and procedures.

1

03/31/2022

SB

Rational: Reduce corruption, improve governance, and protect public resources.

0

1

2022-03-31

R0

N/A

SB_30.40_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Agree on terms of reference for the audit (by a reputable international audit firm) of COVID-19-related spending during 2020–21, and publish the call for tenders.

1

Program Prior Action

M

Rationale: Improve transparency and governance

1

2023-09-23

N/A

PA_20.60_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

PA

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish on the government website the 2019 report of performance under the Extractive Industries Transparency Initiative (EITI).

1

Program Prior Action

M

Rationale: Improve transparency and governance.

1

2023-09-23

N/A

PA_20.70_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

PA

30.4

11.4. Anti-corruption legislation/policy

Submit the new anti-corruption law to Parliament.

1

Program Prior Action

M

Rationale: Reduce corruption, improve governance, and protect public resources

1

2023-09-23

N/A

PA_30.40_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Prepare an inventory of all tax arrears to identify them with precision and establish the probability of recovery.

1

12/31/2022

SB

Rational: Improve tax administration and support domestic revenue mobilization efforts.

1

2022-12-31

R0

N/A

SB_20.10_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

SB

20.5

1.5. Debt Management

Prepare a comprehensive medium term debt management strategy.

1

07/31/2022

SB

Rational: Manage debt-related risks and support fiscal sustainability.

1

2022-07-31

R0

N/A

SB_20.50_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Fully operationalize the remaining modules (accounting, cash management, fiscal reporting, treasury, procurement) of the new Expenditure Tracking Software (SIGFIP).

1

12/31/2022

SB

Rational: Improve transparency and governance and protect public resources.

1

2022-12-31

R0

N/A

SB_20.60_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish on the government website the audit (by a reputable international audit firm) of COVID-19-related spending during 2020.

1

06/30/2022

SB

Rational: Improve transparency and governance and protect public resources.

1

2022-06-30

R0

N/A

SB_20.70_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish on the government website oil reconciliation reports prepared by a reputable international audit firm and a table with all mining, forestry, and oil concessions holders.

2

06/30/2022

SB

Rational: Improve transparency and protect public resources.

1

2

2022-06-30

R0

N/A

SB_20.70_2

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Prepare a template for consolidated and sectoral public procurement plans that is comprehensive and reflects international best practices.

3

06/30/2022

SB

Rational: Improve public investment management, budget credibility and transparency, and cash management.

1

3

2022-06-30

R0

N/A

SB_20.70_3

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Operationalize the procurement planning template by mapping it to the 2023 budget.

4

12/31/2022

SB

Rational: Improve management of public spending (including public investment), budget credibility and transparency, and cash management.

1

4

2022-12-31

R0

N/A

SB_20.70_4

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Establish a public register or cadaster system in the mining and forestry sectors.

5

03/31/2023

SB

Introduced at R1. Rationale:Reduce corruption, improve governance, and protect public resources.

1

5

2023-03-31

R1

N/A

SB_20.70_5

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication on the government website of the 2021 annual debt report, which includes elaboration on guaranteed and unguaranteed debt of the 10 largest SOEs.

6

03/31/2023

SB

Introduced at R1. Rationale:Improve transparency and manage debt-related risks.

1

6

2023-03-31

R1

N/A

SB_20.70_6

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

Prepare a new medium-term strategy for PFM reforms, with a three-year action plan, updated every 18 months.

1

03/31/2022

M

Rational: Improve the efficiency and transparency in the use of public resources.

1

2022-03-31

R0

R1

SB_20.80_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Parliamentary approval of the new anti-corruption law and publication of the accompanying decree clarifying conflict of interest rules and procedures.

1

03/31/2022

MOD-SB

Parliarment approved the new law and the content was modified to be a new SB. Rational: Reduce corruption, improve governance, and protect public resources.

1

2022-03-31

R0

N/A

SB_30.40_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R1

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Publication of a decree clarifying conflict of interest rules and procedures.

2

07/31/2022

SB

Introduced at R1. Previous content was "Parliamentary approval of the new antcorruption law and publication of the accompanying decree clarifying conflict of interest rules and procedures. Rationale:Reduce corruption, improve governance, and protect public resources.

1

2

2022-07-31

R1

N/A

SB_30.40_2

SB_30.40_1

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R2

BLANK

PA

20.1

1.1. Revenue measures, excluding trade policy

SNPC to declare and pay at least CFAF 12 billion of dividends to the 2022 budget.

1

Second Review Prior action

M

Improve transparency and governance and protect public resources.

2

1

2023-09-23

N/A

PA_20.10_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R2

BLANK

PA

20.3

1.3. Expenditure measures, including arrears clearance

Increase regulated fuel prices by 5 and 7 percent, respectively, for retail and entry distribution prices (EDP).

1

Second Review Prior action

PA

Improve transparency and governance and protect public resources.

2

1

2023-09-23

N/A

PA_20.30_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R2

BLANK

PA

20.4

1.4. Combined expenditure and revenue measures

Parliament to pass a budget that includes (i) full phase-out of the new fuel subsidy during 2023-24 (ii) elimination of VAT and customs duty exemptions received by SNPC (iii) VAT charged by CORAF on its sales and (iv) gradual fuel price deregulation accom

1

Second Review Prior action

M

Improve revenue mobilization and management of public spending and protect public resources.

2

1

2023-09-23

N/A

PA_20.40_1

N/A

825

CONGO, REPUBLIC OF

634

ECF

2022-01-21

2,022

2025-01-20

2,025

N/A

2022-01-21

P1

R2

BLANK

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Agree on terms of reference for the audit (by a reputable international audit firm) of COVID-19-related spending during 2020–21, and publish the call for tenders.

1

Program Prior Action

M

Rationale: Improve transparency and governance

2

1

2023-09-23

N/A

PA_20.60_1

N/A