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. COUNT 4
QSN1 Who was elected president of the Congo in 1992? ANS1 Pascal Lissouba QSN2 Who supported the measures of liberalisation Lissouba tried to employ to reform the economy? ANS2 IMF QSN3 What interrupted the renewal of the IMF agreement with the Congo? ANS3 civil war QSN4 What does ESAF stand for? ANS4 enhanced structural adjustment facility