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

International Monetary Fund

No 2015/280, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; Congo; authority; DRC authorities; real GDP; oversight of the so; development dynamics; authorities' effort; natural resource endowment; government's oversight; Debt sustainability analysis; Budget planning and preparation; Sub-Saharan Africa; Global; Middle East; Southern Africa; Africa (search for similar items in EconPapers)
Pages: 75
Date: 2015-10-13
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