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A pirogue moving across Lake Kivu, near Bukavu, Democratic Republic of the Congo. With their recent agreement to extract methane gas from under Lake Kivu, one of Africa's Great Lakes, DR Congo and Rwanda hope to produce energy.

Photo: Lionel Healing/AFP

the Democratic Republic of the Congo Resident Representative Site

Resident Representative Office in the Democratic Republic of the Congo

March 1, 2009

This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between the Democratic Republic of the Congo and the IMF. Additional information can be found on the Democratic Republic of the Congo and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with the Democratic Republic of the Congo.

At a Glance : the Democratic Republic of the Congo's Relations with the IMF

  • Current membership: 186 countries
  • the Democratic Republic of the Congo joined the Fund in September 28, 1963
  • Total Quotas: SDR 533.00 Million (As of June 30, 2007)
  • Loans outstanding: PRGF Arrangements SDR 553.47 Million
  • Last Article IV Consultation: The 2007 Article IV consultation staff report was discussed by the Executive Board on September 21, 2007 (Country Report No. 07/327, June 6, 2007)

News and Highlights

The World Must Not Forget Africa During This Crisis

A Commentary by Dominique Strauss-Khan, Managing Director, International Monetary Fund Click for more

IMF Survey: Sound Policies, Support Can Help Africa Ride Crisis

IMF Managing Director Dominique Strauss-Kahn says Africa will not be spared the consequences of the global crisis and that the significant gains many countries have made in recent years in the fight against poverty are now at risk.Click for more

IMF Survey: IMF to Assist Africa Hit Hard by Global Downturn

Although Africa will grow by more than 3 percent in 2009, the continent is likely to be hard hit by the global economic downturn, threatening to set back progress made across the region in recent years, the IMF says.Click for more

Postconflict Economics in Sub-Saharan Africa

The Democratic Republic of the Congo is making significant strides on both the political and economic fronts to extricate itself from one of the bloodiest wars in African history. Click for more

Academic Session on the IMF

Speech delivered by the Resident Representative at The Parliament
February 19, 2004Click for more

The Democratic Republic of the Congo and The IMF

Press Release: Statement at the Conclusion of an IMF Staff Visit to the Democratic Republic of the Congo

November 11,2009

Communiqué de presse: Déclaration au terme d’une visite des services du FMI en République Démocratique du Congo

November 11,2009

Press Release: Statement at the Conclusion of an IMF Staff Visit to the Democratic Republic of the Congo

August 19,2009

Statement by IMF Managing Director Strauss-Kahn at the Conclusion of his Visit to Democratic Republic of Congo

May 25,2009

Press Release: IMF Managing Director Dominique Strauss-Kahn to Visit the Democratic Republic of the the Congo and Côte d'Ivoire

May 21,2009

Click for More click for more

Regional Economic Outlook for Sub-Saharan Africa

image from the publication cover

Sub-Saharan Africa has been hit hard by the global recession, but signs of resilience remain. While South Africa and some other middle-income countries were caught in the turbulence of international financial markets, and oil exporters saw government revenues plunge, some countries with wider commodity bases have so far escaped the worst of the crisis. Also, and reassuringly, with stronger initial fiscal and external positions than in past downturns, most countries in the region have been able to partially absorb external shocks by allowing fiscal deficits to rise and reducing interest rates. Exchange rates have generally been allowed to adjust. With many families affected by the crisis, however, progress toward the Millennium Development Goals has receded. Looking ahead, fiscal policy must balance support for the recovery with enhancing future growth prospects, debt sustainability, and poverty reduction. Published biannually in May and October. Click for more