TohidA/MONA · Datasets at Hugging Face

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

PA

21.1

2.1. Central bank operations and reforms

Appointment of directors at the BCC, to be in charge of the new Directorate created in the context of the central bank restructuring.

1

Program Prior Action

M

Macroeconomic rationale: Promote the modernization of the BCC , in particular in improve its monetary policy design and banking supervision.

2

1

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

PA

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Operational implementation of the National Financial Intelligence Unit (CENAREF) in the context of anti-money laundering efforts.

1

Program Prior Action

M

Macroeconomic rationale: Promote orderly financial sector development.

2

1

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Adoption by the Parliament and promulgation of the law introducing a modern single-rate VAT.

1

12/31/2010

M

Introduced at R1. Macroeconomic rationale: Enhance revenue mobilization to achieve the fiscal objectives of the program.

2

1

2010-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Adoption by the Cocuncil of Ministers of an action plan prepared by the committee responbile for assessing tax incentives and exemptions granted under the mining code, investment code, and special convention.

1

12/31/2009

MD

Introduced at R0. Macroeconomic rationale: Enhance revenue mobilization to achieve the fiscal objectives of the program. At R1, observed with delay; March 2010.

2

1

2009-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Implementation of ASYCUDA+++ in the customs offices in Kinshasa.

2

12/31/2009

M

Introduced at R0. Macreconomic rationale: Enhance revenue mobilization to achieve the fiscal objectives of the program.

2

2009-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establishment of the Kasumbalesa one-stop customs window.

3

07/31/2010

M

Introduced at R1. Macroeconomic rationale: Enhance revenue mobilization to achieve the fiscal objectives of the program while reducing cost of doing business.

2

3

2010-07-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.3

1.3. Expenditure measures, including arrears clearance

Inclusion of externally financed expenditure in the monthly budget execution tables (reconciled with the TOFE, the BCC, and the monetary statistics), no later than 3 months after the end of each month.

1

05/15/2010

NM

Not met at R1.

2

1

2010-05-15

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.3

1.3. Expenditure measures, including arrears clearance

Inclusion of externally financed expenditure in the monthly budget execution tables (reconciled with the TOFE, the BCC, and the monetary statistics), no later than 3 months after the end of each month.

1

12/31/2010

M

At R2, Observed, although technical (computer) problems interrupted publication in July-September.

2

1

2010-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.3

1.3. Expenditure measures, including arrears clearance

Inclusion of externally financed expenditure in the monthly budget execution tables (reconciled with the TOFE, the BCC, and the monetary statistics), no later than 3 months after the end of each month.

1

Monthly

SB

Introduced at R0. Macroeconomic rationale: Strengthen the monitoring of the program.

2

1

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Repayment plan for 2008 arrears based the internal audit of the Inspection General of Finances and establish a plan to identify and audit of any remaining government arrears.

1

02/28/2010

M

Introduced at R0. Macroeconomic rationale: To ensure meeting the obligations of the government to the private sector and avoid stunting private sector development and economic growth. At R1, Observed with delay: March 2010.

2

1

2010-02-28

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

No payment by the BCC of expenditures on behalf of the government without prior authorization by the Minister of Finance in accordance with existing legislation.

2

05/15/2010

M

Met at R1.

2

2010-05-15

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

No payment by the BCC of expenditures on behalf of the government without prior authorization by the Minister of Finance in accordance with existing legislation.

2

12/31/2010

M

N/A

2

2010-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

No payment by the BCC of expenditures on behalf of the government without prior authorization by the Minister of Finance in accordance with existing legislation.

2

Continuous

SB

Introduced at R0. Macroeconomic rationale: Enhance economic governance and ensure accountability for public resources.

2

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Adoption by the Parliament and promulgation of the law on government finance.

3

12/31/2010

M

Introduced at R1. Macroeconomic rationale: Develop a rule-based public financial management.

2

3

2010-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Submission of an initial report by the Procurement Regulatory Agency on central implementation of the new public procurement law, showing that at least 60 percent of all contracts above US$500,000 were awarded under compeititve procedures.

4

06/30/2011

SB

Introduced at R2.

2

4

2011-06-30

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Full and timely reporting and transfer of proceeds (signing bonuses, royalties, and other payments) accruing to the Treasury from any mining, forestry, and oil sector concessions, production sharing agreements, and partnership contracts between public entities and private enterprises, once they have entered into force.

5

03/31/2011

SB

N/A

2

5

2011-03-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Full and timely reporting and transfer of proceeds (signing bonuses, royalties, and other payments) accruing to the Treasury from any mining, forestry, and oil sector concessions, production sharing agreements, and partnership contracts between public entities and private enterprises, once they have entered into force.

5

Quarterly

SB

Introduced at R2. Quarterly.

2

5

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Submission to Parliament of a draft organic law on public finance that inter aliea prohibits provinces from borrowing from commercial banks and the Central Bank.

1

03/30/2010

M

Introduced at R0. Macroeconomic rationale: Establish fiscal discipline based on transparent rules and regulations. At R1, observed; Budget Finance Law without restrictions on provincial borrowing was submitted to parliament, in line with the constitution.

2

1

2010-03-30

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Generation and publishing of a monthly budget execution tables (reconciled with the TOFE, the BCC, and the monetary statistics), no later than 30 days after the end of each month.

2

05/15/2010

MD

At R1, observed with a delay; starting from June 1, 2010.

2

2010-05-15

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Generation and publishing of a monthly budget execution tables (reconciled with the TOFE, the BCC, and the monetary statistics), no later than 30 days after the end of each month.

2

12/31/2010

M

At R2, Observed, although technical (computer) problems interrupted publication in July-September.

2

2010-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Generation and publishing of a monthly budget execution tables (reconciled with the TOFE, the BCC, and the monetary statistics), no later than 30 days after the end of each month.

2

Monthly

SB

Introduced at R0. Macroeconomic rationale: Strengthen the monitoring of the program.

2

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of mining sector parternship contracts between public and private enterprises with 60 days of signature (including urgent expenditure payments) without prior authorization by the Minister of Finance in accordance with exisiting legislation.

3

05/15/2010

M

Met at R1.

2

3

2010-05-15

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of mining sector parternship contracts between public and private enterprises with 60 days of signature (including urgent expenditure payments) without prior authorization by the Minister of Finance in accordance with exisiting legislation.

3

Continuous

MOD-SB

Introduced at R0. Macroeconomic rationale: Enhance economic governance and ensure accountability for public resources.

2

3

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish all public procurement contract award decisions, including bidder claims and appeals on the Procurement Regulatory Agency website.

4

06/30/2011

SB

N/A

2

4

2011-06-30

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish all public procurement contract award decisions, including bidder claims and appeals on the Procurement Regulatory Agency website.

4

Quarterly

SB

Introduced at R2. Quarterly beginning end-June 2011.

2

4

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of mining, forestry, and oil sector concessions, production sharing agreements, and partnership contracts between public entities and private enterprises within 60 days of signature (including information on signing bonuses, taxation system, private shareholders, and members of the Board of Directors).

5

12/31/2010

M

N/A

2

5

2010-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of mining, forestry, and oil sector concessions, production sharing agreements, and partnership contracts between public entities and private enterprises within 60 days of signature (including information on signing bonuses, taxation system, private shareholders, and members of the Board of Directors).

5

Other

SB

N/A

2

5

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

21.1

2.1. Central bank operations and reforms

Submission to Parliament of the draft law on the recapitalization of the BCC.

1

10/31/2010

MD

Introduced at R1. Macroeconomic rationale: Enhance the independence of the central bank.

2

1

2010-10-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

21.1

2.1. Central bank operations and reforms

Finalize the recapitalization of the BCC by issuing interestbearing and marketable securities to eliminate the negative net worth in line with recommendations from the IMF technical assistance.

2

03/31/2011

SB

Introduced at R2.

2

2011-03-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

21.1

2.1. Central bank operations and reforms

Beginning in the first quarter of 2011, reconcile quarterly the financial flows between the government and the BCC (including interest payments, dividends, and profits).

3

03/31/2011

SB

N/A

2

3

2011-03-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

21.1

2.1. Central bank operations and reforms

Beginning in the first quarter of 2011, reconcile quarterly the financial flows between the government and the BCC (including interest payments, dividends, and profits).

3

Quarterly

SB

Introduced at R2. Quarterly beginning in the first quarter of 2011.

2

3

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

24.3

5.3. Price controls and marketing restrictions

Increase the border fuel price for taxation purposes (PMFF) to at least one-third of the commercial price (PMFC) of fuel imports starting from June 2010, the authorities will gradually reduce the gap in order to reach the target by end-November 2010.

1

11/30/2010

PM

Introduced at R1. Macroeconomic rationale: Reduce distortions in relative prices and limit revenue losses.

2

1

2010-11-30

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit to Parliament amendments to the Banking Law to bring it into line with international best practice (as elaborated in paragraph 8 of the MEFP).

1

06/30/2011

SB

Introduced at R2.

2

1

2011-06-30

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-02-09

P1

R2

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Restructuring one large commercial bank.

1

12/31/2009

MD

Introduced at R0. Macreconomic rationale: Systemic risk. At R1, observed with delay; end-May 2010.

2

1

2009-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

PA

20.2

1.2. Revenue administration, including customs

Establishment of a committee to assess tax incentives and exemptions granted under the mining code.

1

Program Prior Action

M

Macroeconomic rationale: Enhance revenue mobilization to achieve the fiscal objectives of the program.

3

1

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

PA

20.2

1.2. Revenue administration, including customs

Collection of all revenue from the mining sector by a new unit specialized in mining taxation along with the large Taxpayers Unit.

2

Program Prior Action

M

Macroeconomic rationale: Enhance revenue mobilization to achieve the fiscal objectives of the program.

3

2

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

PA

20.5

1.5. Debt Management

Amend the Sino-Congolese cooperation agreement to ensure that its items are consistent with debt sustainability.

1

Program Prior Action

M

Macroeconomic rationale: Strengthen debt management to achieve debt sustainability.

3

1

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Finalization of the audit of domestic arrears accumulated as of end-December 2007 and adoption by government of a plan of eliminating them.

1

Program Prior Action

M

Macroeconomic rationale: To ensure meeting the obligations of the government to the private sector and avoid stunting private sector development and economic growth.

3

1

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Selection of an audit firm of international repute to audit the PRGF criteria for the duration of the program (2009-11).

2

Program Prior Action

M

Macroeconomic rationale: Reinforce program monitoring and control.

3

2

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

PA

21.1

2.1. Central bank operations and reforms

Appointment of directors at the BCC, to be in charge of the new Directorate created in the context of the central bank restructuring.

1

Program Prior Action

M

Macroeconomic rationale: Promote the modernization of the BCC , in particular in improve its monetary policy design and banking supervision.

3

1

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

PA

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Operational implementation of the National Financial Intelligence Unit (CENAREF) in the context of anti-money laundering efforts.

1

Program Prior Action

M

Macroeconomic rationale: Promote orderly financial sector development.

3

1

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Adoption by the Parliament and promulgation of the law introducing a modern single-rate VAT.

1

12/31/2010

M

Introduced at R1. Macroeconomic rationale: Enhance revenue mobilization to achieve the fiscal objectives of the program.

3

1

2010-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.2

1.2. Revenue administration, including customs

Adoption by the Cocuncil of Ministers of an action plan prepared by the committee responbile for assessing tax incentives and exemptions granted under the mining code, investment code, and special convention.

1

12/31/2009

MD

Introduced at R0. Macroeconomic rationale: Enhance revenue mobilization to achieve the fiscal objectives of the program. At R1, observed with delay; March 2010.

3

1

2009-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.2

1.2. Revenue administration, including customs

Implementation of ASYCUDA+++ in the customs offices in Kinshasa.

2

12/31/2009

M

Introduced at R0. Macreconomic rationale: Enhance revenue mobilization to achieve the fiscal objectives of the program.

3

2

2009-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.2

1.2. Revenue administration, including customs

Establishment of the Kasumbalesa one-stop customs window.

3

07/31/2010

M

Introduced at R1. Macroeconomic rationale: Enhance revenue mobilization to achieve the fiscal objectives of the program while reducing cost of doing business.

3

2010-07-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.2

1.2. Revenue administration, including customs

Eliminate the fraudulent use of tax exemptions provided for mining enterprises by improved monitoring and enforcement, to strengthen tax collections.

4

07/31/2011

SB

Introduced at R3.

3

4

2011-07-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.2

1.2. Revenue administration, including customs

Phase out discretionary tax exemptions and incentives previously granted to a number of enterprises.

5

07/31/2011

SB

Introduced at R3.

3

5

2011-07-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.3

1.3. Expenditure measures, including arrears clearance

Inclusion of externally financed expenditure in the monthly budget execution tables (reconciled with the TOFE, the BCC, and the monetary statistics), no later than 3 months after the end of each month.

1

05/15/2010

NM

Not met at R1.

3

1

2010-05-15

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.3

1.3. Expenditure measures, including arrears clearance

Inclusion of externally financed expenditure in the monthly budget execution tables (reconciled with the TOFE, the BCC, and the monetary statistics), no later than 3 months after the end of each month.

1

12/31/2010

M

At R2, Observed, although technical (computer) problems interrupted publication in July-September.

3

1

2010-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.3

1.3. Expenditure measures, including arrears clearance

Inclusion of externally financed expenditure in the monthly budget execution tables (reconciled with the TOFE, the BCC, and the monetary statistics), no later than 3 months after the end of each month.

1

Monthly

SB

Introduced at R0. Macroeconomic rationale: Strengthen the monitoring of the program.

3

1

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Repayment plan for 2008 arrears based the internal audit of the Inspection General of Finances and establish a plan to identify and audit of any remaining government arrears.

1

02/28/2010

M

Introduced at R0. Macroeconomic rationale: To ensure meeting the obligations of the government to the private sector and avoid stunting private sector development and economic growth. At R1, Observed with delay: March 2010.

3

1

2010-02-28

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

No payment by the BCC of expenditures on behalf of the government without prior authorization by the Minister of Finance in accordance with existing legislation.

2

05/15/2010

M

Met at R1.

3

2

2010-05-15

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

No payment by the BCC of expenditures on behalf of the government without prior authorization by the Minister of Finance in accordance with existing legislation.

2

12/31/2010

M

N/A

3

2

2010-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

No payment by the BCC of expenditures on behalf of the government without prior authorization by the Minister of Finance in accordance with existing legislation.

2

Continuous

SB

Introduced at R0. Macroeconomic rationale: Enhance economic governance and ensure accountability for public resources.

3

2

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Adoption by the Parliament and promulgation of the law on government finance.

3

12/31/2010

M

Introduced at R1. Macroeconomic rationale: Develop a rule-based public financial management.

3

2010-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Submission of an initial report by the Procurement Regulatory Agency on central implementation of the new public procurement law, showing that at least 60 percent of all contracts above US$500,000 were awarded under compeititve procedures.

4

06/30/2011

SB

Introduced at R2.

3

4

2011-06-30

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Full and timely reporting and transfer of proceeds (signing bonuses, royalties, and other payments) accruing to the Treasury from any mining, forestry, and oil sector concessions, production sharing agreements, and partnership contracts between public entities and private enterprises, once they have entered into force.

5

03/31/2011

M

N/A

3

5

2011-03-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Full and timely reporting and transfer of proceeds (signing bonuses, royalties, and other payments) accruing to the Treasury from any mining, forestry, and oil sector concessions, production sharing agreements, and partnership contracts between public entities and private enterprises, once they have entered into force.

5

Quarterly

SB

Introduced at R2. Quarterly.

3

5

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Submission to Parliament of a draft organic law on public finance that inter aliea prohibits provinces from borrowing from commercial banks and the Central Bank.

1

03/30/2010

M

Introduced at R0. Macroeconomic rationale: Establish fiscal discipline based on transparent rules and regulations. At R1, observed; Budget Finance Law without restrictions on provincial borrowing was submitted to parliament, in line with the constitution.

3

1

2010-03-30

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Generation and publishing of a monthly budget execution tables (reconciled with the TOFE, the BCC, and the monetary statistics), no later than 30 days after the end of each month.

2

05/15/2010

MD

At R1, observed with a delay; starting from June 1, 2010.

3

2

2010-05-15

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Generation and publishing of a monthly budget execution tables (reconciled with the TOFE, the BCC, and the monetary statistics), no later than 30 days after the end of each month.

2

12/31/2010

M

At R2, Observed, although technical (computer) problems interrupted publication in July-September.

3

2

2010-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Generation and publishing of a monthly budget execution tables (reconciled with the TOFE, the BCC, and the monetary statistics), no later than 30 days after the end of each month.

2

Monthly

SB

Introduced at R0. Macroeconomic rationale: Strengthen the monitoring of the program.

3

2

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of mining sector parternship contracts between public and private enterprises with 60 days of signature (including urgent expenditure payments) without prior authorization by the Minister of Finance in accordance with exisiting legislation.

3

05/15/2010

M

Met at R1.

3

2010-05-15

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of mining sector parternship contracts between public and private enterprises with 60 days of signature (including urgent expenditure payments) without prior authorization by the Minister of Finance in accordance with exisiting legislation.

3

Other

MOD-SB

Introduced at R0. Macroeconomic rationale: Enhance economic governance and ensure accountability for public resources.

3

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish all public procurement contract award decisions, including bidder claims and appeals on the Procurement Regulatory Agency website.

4

06/30/2011

SB

N/A

3

4

2011-06-30

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish all public procurement contract award decisions, including bidder claims and appeals on the Procurement Regulatory Agency website.

4

Quarterly

SB

Introduced at R2. Quarterly beginning end-June 2011.

3

4

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of mining, forestry, and oil sector concessions, production sharing agreements, and partnership contracts between public entities and private enterprises within 60 days of signature (including information on signing bonuses, taxation system, private shareholders, and members of the Board of Directors).

6

12/31/2010

M

N/A

3

6

2010-12-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of mining, forestry, and oil sector concessions, production sharing agreements, and partnership contracts between public entities and private enterprises within 60 days of signature (including information on signing bonuses, taxation system, private shareholders, and members of the Board of Directors).

6

03/31/2011

M

N/A

3

6

2011-03-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of mining, forestry, and oil sector concessions, production sharing agreements, and partnership contracts between public entities and private enterprises within 60 days of signature (including information on signing bonuses, taxation system, private shareholders, and members of the Board of Directors).

6

Other

SB

N/A

3

6

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

21.1

2.1. Central bank operations and reforms

Submission to Parliament of the draft law on the recapitalization of the BCC.

1

10/31/2010

MD

Introduced at R1. Macroeconomic rationale: Enhance the independence of the central bank.

3

1

2010-10-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

21.1

2.1. Central bank operations and reforms

Finalize the recapitalization of the BCC by issuing interestbearing and marketable securities to eliminate the negative net worth in line with recommendations from the IMF technical assistance.

2

03/31/2011

M

Introduced at R2.

3

2

2011-03-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

21.1

2.1. Central bank operations and reforms

Beginning in the first quarter of 2011, reconcile quarterly the financial flows between the government and the BCC (including interest payments, dividends, and profits).

3

03/31/2011

M

Quarterly beginning first quarter 2011

3

2011-03-31

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

21.1

2.1. Central bank operations and reforms

Beginning in the first quarter of 2011, reconcile quarterly the financial flows between the government and the BCC (including interest payments, dividends, and profits).

3

Quarterly

SB

Introduced at R2. Quarterly beginning in the first quarter of 2011.

3

2023-09-23

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

21.1

2.1. Central bank operations and reforms

Submit to Parliament amendments to the Banking Law to (i) strenghten the regulatory framework for significant bank shareholders; (ii) develop adequate adminstrative (i.e., central bank led) bank resolution and insolvency procedures; (iii) define the priority of creditor claims; and (iv) define the legal regime for the lender of last resort function.

4

09/30/2011

SB

Introduced at R3.

3

4

2011-09-30

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

21.1

2.1. Central bank operations and reforms

Finalize strategic plan to improve the BCC’s operational and financial viability, and decide on a time bound strategy to disengage from the mint and the central bank hospital.

5

09/30/2011

SB

Introduced at R3.

3

5

2011-09-30

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

24.3

5.3. Price controls and marketing restrictions

Increase the border fuel price for taxation purposes (PMFF) to at least one-third of the commercial price (PMFC) of fuel imports starting from June 2010, the authorities will gradually reduce the gap in order to reach the target by end-November 2010.

1

11/30/2010

PM

Introduced at R1. Macroeconomic rationale: Reduce distortions in relative prices and limit revenue losses.

3

1

2010-11-30

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit to Parliament amendments to the Banking Law to bring it into line with international best practice (as elaborated in paragraph 8 of the MEFP).

1

06/30/2011

SB

Introduced at R2.

3

1

2011-06-30

N/A

625

CONGO,DEMOCRATIC REPUBLIC OF

636

PRGF

2009-12-11

2,009

2012-12-10

2,012

N/A

2011-04-29

P1

R3

L

SB

25.2

6.2. Restructuring and privatization of financial institutions

Restructuring one large commercial bank.

1

12/31/2009

MD

Introduced at R0. Macreconomic rationale: Systemic risk. At R1, observed with delay; end-May 2010.

3

1

2009-12-31

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-07-15

P1

R0

E

PA

21.2

2.2. Central bank auditing, transparency, and financial controls

BCC Board fully constituted in accordance with the requirements of the 2018 Central Bank Law

1

Program Prior Action

M

N/A

0

1

2023-09-23

N/A

PA_21.20_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-07-15

P1

R0

E

PA

30.2

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

Adopt the EITI roadmap on mining transparency (validated by the Council of Ministers)

1

Program Prior Action

M

N/A

0

1

2023-09-23

N/A

PA_30.20_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-07-15

P1

R0

E

SB

20.1

1.1. Revenue measures, excluding trade policy

Consolidate all legal documents on non-tax revenues in a single document

1

09/30/2021

SB

N/A

0

1

2021-09-30

R0

N/A

SB_20.10_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-07-15

P1

R0

E

SB

20.1

1.1. Revenue measures, excluding trade policy

Propose a detailed plan to rationalize non-tax revenues to the government

2

03/31/2022

SB

N/A

0

2

2022-03-31

R0

N/A

SB_20.10_2

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-07-15

P1

R0

E

SB

20.2

1.2. Revenue administration, including customs

Fully implement ASYCUDA World in the electronic single window at 10 additional custom offices

1

12/31/2021

SB

N/A

0

1

2021-12-31

R0

N/A

SB_20.20_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-07-15

P1

R0

E

SB

21.1

2.1. Central bank operations and reforms

Adopt the new reserve requirement regulation of the BCC on new FX deposits

1

12/31/2021

SB

N/A

0

1

2021-12-31

R0

N/A

SB_21.10_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-07-15

P1

R0

E

SB

21.2

2.2. Central bank auditing, transparency, and financial controls

Sign an MoU between the BCC and the ministry of finance to regularize the outstanding credit of the BCC to the government

1

12/31/2021

SB

N/A

0

1

2021-12-31

R0

N/A

SB_21.20_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-07-15

P1

R0

E

SB

24

5. Public enterprise reform and pricing (non financial sector)

Publish the full 2020 financial statements of Gecamines, including auditor's comments

1

08/31/2021

SB

N/A

0

1

2021-08-31

R0

N/A

SB_24.00_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-07-15

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit to Parliament the draft of the new Commerical Banking Law that integrates IMF's staff comments

1

11/30/2021

SB

N/A

0

1

2021-11-30

R0

N/A

SB_25.10_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-07-15

P1

R0

E

SB

30.1

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

Publish all new mining contracts

1

12/31/2021

SB

N/A

0

1

2021-12-31

R0

N/A

SB_30.10_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-07-15

P1

R0

E

SB

30.1

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

Publish all new mining contracts

1

Continuous

SB

N/A

0

1

2023-09-23

R0

N/A

SB_30.10_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-12-15

P1

R1

BLANK

PA

21.2

2.2. Central bank auditing, transparency, and financial controls

BCC Board fully constituted in accordance with the requirements of the 2018 Central Bank Law

1

Program Prior Action

M

N/A

1

2023-09-23

N/A

PA_21.20_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-12-15

P1

R1

BLANK

PA

30.2

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

Adopt the EITI roadmap on mining transparency (validated by the Council of Ministers)

1

Program Prior Action

M

N/A

1

2023-09-23

N/A

PA_30.20_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-12-15

P1

R1

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Consolidate all legal documents on non-tax revenues in a single document

1

09/30/2021

M

N/A

1

2021-09-30

R0

R1

SB_20.10_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-12-15

P1

R1

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Propose a detailed plan to rationalize non-tax revenues to the government

2

03/31/2022

SB

N/A

1

2

2022-03-31

R0

N/A

SB_20.10_2

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-12-15

P1

R1

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Adopt a plan to rationalize non-tax charges

3

06/30/2022

SB

N/A

1

3

2022-06-30

R1

N/A

SB_20.10_3

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-12-15

P1

R1

BLANK

SB

20.2

1.2. Revenue administration, including customs

Fully implement ASYCUDA World in the electronic single window at 10 additional custom offices

1

12/31/2021

SB

N/A

1

2021-12-31

R0

N/A

SB_20.20_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-12-15

P1

R1

BLANK

SB

20.2

1.2. Revenue administration, including customs

Revision of instruction decree to make the VAT self-liquidating system for miners consistent with existing legislation and international best practices, so it applies to mining companies, not to specific products

2

06/30/2022

SB

N/A

1

2

2022-06-30

R1

N/A

SB_20.20_2

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-12-15

P1

R1

BLANK

SB

20.2

1.2. Revenue administration, including customs

Implementation of the first phase of the excise duty traceability system (STDA)

3

06/30/2022

SB

N/A

1

3

2022-06-30

R1

N/A

SB_20.20_3

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-12-15

P1

R1

BLANK

SB

21

2. Central Bank

Validate the analysis of the BCC's recapitalization needs by the BCC Board

1

11/30/2022

SB

N/A

1

2022-11-30

R1

N/A

SB_21.00_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-12-15

P1

R1

BLANK

SB

21.1

2.1. Central bank operations and reforms

Adopt the new reserve requirement regulation of the BCC on new FX deposits

1

12/31/2021

SB

N/A

1

2021-12-31

R0

N/A

SB_21.10_1

N/A

812

CONGO,DEMOCRATIC REPUBLIC OF

636

ECF

2021-07-15

2,021

2024-07-14

2,024

N/A

2021-12-15

P1

R1

BLANK

SB

21.2

2.2. Central bank auditing, transparency, and financial controls

Sign an MoU between the BCC and the ministry of finance to regularize the outstanding credit of the BCC to the government

1

12/31/2021

SB

N/A

1

2021-12-31

R0

N/A

SB_21.20_1

N/A