Pascal Lissouba IMF civil war enhanced structural adjustment facility
Who was elected president of the Congo in 1992? Who supported the measures of liberalisation Lissouba tried to employ to reform the economy? What interrupted the renewal of the IMF agreement with the Congo? What does ESAF stand for?
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.
question: Who was elected president of the Congo in 1992?, answer: Pascal Lissouba | question: Who supported the measures of liberalisation Lissouba tried to employ to reform the economy?, answer: IMF | question: What interrupted the renewal of the IMF agreement with the Congo?, answer: civil war | question: What does ESAF stand for?, answer: enhanced structural adjustment facility