Democratic Republic of the Congo: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Democratic Republic of the Congo

October 13, 2015

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Democratic Republic of the Congo: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Democratic Republic of the Congo, (USA: International Monetary Fund, 2015) accessed December 22, 2024

Summary

This 2015 Article IV Consultation highlights that the Democratic Republic of the Congo’s macroeconomic performance remained strong through the first half of 2015 despite a difficult external and domestic environment. Real GDP growth in 2014 is estimated at 9.2 percent, driven by copper production and the service sector. The medium-term outlook is favorable but subject to downside risks. Real GDP growth is projected to remain strong at 9.2 percent in 2015—among the highest rates in the world—and average 8.4 percent in 2016–17 before stabilizing at about 6 percent in 2018–20.

Subject: Budget planning and preparation, Debt sustainability analysis, External debt, Mining sector, National accounts, Public debt, Public financial management (PFM)

Keywords: Africa, Authorities' effort, Authority, Budget planning and preparation, Congo, CR, Debt sustainability analysis, Development dynamics, DRC authorities, Global, Government's oversight, ISCR, Middle East, Natural resource endowment, Oversight of the so, Real GDP, Southern Africa, Sub-Saharan Africa

Publication Details

Pages:

75
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/280
Stock No:

1CODEA2015001
ISBN:

9781513596662
ISSN:

1934-7685

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