RE: IMF meeting11 Jul 2018 12:16
Came across this today..not sure if has previously been posted.
https://www.imf.org/en/News/Articles/2018/06/28/tr06282018-transcript-of-imf-press-briefing
Transcript of IMF Press Briefing
June 28, 2018
"I'll take one last question. On Congo, here's a question about when the Board will meet. So these are very factual questions. And there's a question about what some of the issues are in terms of the IMF discussions and going forward with a program for Congo, Brazzaville and this is coming from, I should have said, Matthew Lee, in New York. So, the Executive Board meeting on Congo is tentatively scheduled for July 11. Tentatively scheduled for July 11 and on the discussions and the issues with Congo, the issue of corruption and governance is a big issue that's being discussed. We have made clear that the authorities will need to take bold and immediate governance reforms to put into effect their proclaimed intention to mark a break with past policies and practices. In that regard, we welcome the recent publication by the government -- of a governance study that will guide future reforms in the area of transparency, public finance management and overall governance. We also welcome in this context the authorities plan to establish an independent anti-corruption body with full investigation powers and an asset declaration system for high-level officials. There are elements of that, enhancing transparency in the oil sector; ensuring -- to help ensure that the share of the state and the people in the nation's natural resources can be improved and that's critical. We also feel that a strong participation in civil society will be essential for the success of these governance reforms in Congo."
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