Democratic Republic of the Congo: Selected Issues

October 13, 2015

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Democratic Republic of the Congo: Selected Issues, (USA: International Monetary Fund, 2015) accessed November 21, 2024

Summary

This Selected Issues paper takes stock of poverty in the Democratic Republic of the Congo (DRC). Poverty has receded in the DRC over the last decade on the back of gradual stabilization in the security and political situation, strong economic growth, and sharp decline in inflationary pressures. Most social indicators also improved during the period. However, poverty remains pervasive with a level still among the highest in sub-Saharan Africa, and DRC will likely not achieve any of the Millennium Developments Goals by 2015. Policy actions should focus on fostering the development of labor-intensive sector, increasing social spending, and redirecting public resources to the poorest regions of the country.

Subject: Economic sectors, Export diversification, Exports, Financial inclusion, Financial markets, International trade, Mining sector, Poverty

Keywords: Africa, B. Benchmarking DRC, Budget, Congo, CR, Execution expenditure gap, Execution revenue gap, Export diversification, Export diversification, Exports, Financial inclusion, Global, ISCR, Mining sector, Rate, Southern Africa, Sub-Saharan Africa, World development indicator

Publication Details

Pages:

55
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/281
Stock No:

1CODEA2015002
ISBN:

9781513590189
ISSN:

1934-7685

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