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This Selected Issues paper analyzes poverty and inequalities in Congo and the public expenditure priorities for inclusive growth. Congo’s outlook of more limited fiscal space, in view of the need for fiscal consolidation, makes it all the more important that public expenditure programs maximize their impact. This paper highlights the scope to reorient public expenditure policies to better address poverty and inequality. Based on the recent World Bank Public Expenditure Management and Financial Accountability Review, the analysis notes that recent economic growth has only translated into relatively modest reductions in poverty. Against this background, recommendations are developed that can help guide future budget allocations with a view to promoting inclusion and reducing inequality.

Petroleum industry and trade --- Finance, Public --- Finance --- Funding --- Funds --- Economics --- Currency question --- Cameralistics --- Public finance --- Public finances --- Energy industries --- Oil industries --- Congo (Brazzaville) --- Congo (People's Republic) --- Congo Republic (Brazzaville) --- Kongo (Brazzaville) --- Ludowa Republika Konga --- Narodnai︠a︡ Respublika Kongo --- People's Republic of the Congo --- R.P.C. (République populaire du Congo) --- Repubilika ya Kôngo --- Republic of Congo (Brazzaville) --- Republic of the Congo (Brazzaville) --- Republíki ya Kongó --- République du Congo (Brazzaville) --- République populaire du Congo --- ROC (Republic of Congo) --- RPC --- West Congo --- Middle Congo --- Commercial policy. --- Economic policy. --- Finance: General --- Macroeconomics --- Money and Monetary Policy --- Public Finance --- Industries: Financial Services --- Energy: Demand and Supply --- Prices --- Aggregate Factor Income Distribution --- Macroeconomics: Consumption --- Saving --- Wealth --- National Government Expenditures and Related Policies: General --- Financial Markets and the Macroeconomy --- Public finance & taxation --- Energy industries & utilities --- Monetary economics --- Fuel prices --- Income inequality --- Oil prices --- Consumption --- Expenditure --- National accounts --- Financial inclusion --- Financial markets --- Expenditures, Public --- Financial services industry --- Income distribution --- Congo, Democratic Republic of the