Republic of the Congo
Pascal Lissouba, who became Congo's first elected president (1992-1997) during the period of multi-party democracy, attempted to implement economic reforms with IMF backing to liberalise the economy. In June 1996 the IMF approved a three-year SDR69.5m (US$100m) enhanced structural adjustment facility (ESAF) and was on the verge of announcing a renewed annual agreement when civil war broke out in Congo in mid-1997.
Who supported the measures of liberalisation Lissouba tried to employ to reform the economy?
IMF
Pascal Lissouba, who became Congo's first elected president (1992-1997) during the period of multi-party democracy, attempted to implement economic reforms with IMF backing to liberalise the economy.
the economy