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 : Democratic Republic of the Congo's Relations with the IMF
- Current IMF membership: 189 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)
- Latest financial arrangement: Approved on December 11, 2009 and expired on December 10, 2012 for an amount approved of SDR 346.45 million (amount drawn SDR 197.97 million)
- Last Article IV Consultation: The 2015 Article IV consultation staff report was discussed by the Executive Board on September 2, 2015 (Country Report No. 15/281, October 13, 2015)
- Macroeconomic framework historical data and projections from the 2015 Article IV consultations, September 2015
Office Activities
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Presentation on economic developments in the Congo DRC (in French)
Presentation by Nicholas Staines, the IMF Resident Representative
March 15, 2017
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Presentation on economic developments in the Congo DRC (in French)
Presentation by Nicholas Staines, IMF Resident Representative for the Democratic Republic of Congo
November 15, 2016
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Presentation on the global and sub-Saharan regional outlook (in French)
Presentation by Emanuel Gbadi, economist in the IMF Resident Representative’s office
November 15, 2016
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May 13, 2016
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Sub-Sahara Africa Economic Outlook
Presentation by the Resident Representative on the regional economic outlook for sub-Saharan Africa, November 2015
November 30, 2015
The Democratic Republic of the Congo and the IMF
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The Informal Economy in Sub-Saharan Africa : Size and Determinants
July 10, 2017
Author/Editor:Leandro Medina | Andrew W Jonelis | Mehmet Cangul
Series:Working Paper No. 17/156 -
Structural Transformation in Employment and Productivity : What Can Africa Hope For?
April 7, 2017
Author/Editor:Louise Fox | Alun H. Thomas | Cleary Haines
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Food Inflation in Sub-Saharan Africa : Causes and Policy Implications
December 22, 2016
Author/Editor: Mr. Emre Alper ; Mr. Niko A Hobdari ; Ali Uppal
Series: Working Paper No. 16/247 -
Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth
September 14, 2016
Author/Editor: Montfort Mlachila ; Ahmat Jidoud ; Monique Newiak ; Bozena Radzewicz-Bak ; Misa Takebe
Series: African Departmental Paper No.16/5 -
Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries
August 24, 2016
Author/Editor: Tetsuya Konuki ; Mauricio Villafuerte
Regional Economic Outlook for subsharan Africa
Sub-Saharan Africa: Restarting the Growth Engine
Growth momentum in sub-Saharan Africa remains fragile, marking a break from the rapid expansion witnessed since the turn of the millennium. 2016 was a difficult year for many countries, with regional growth dipping to 1.4 percent—the lowest level of growth in more than two decades. Most oil exporters were in recession, and conditions in other resource-intensive countries remained difficult. Other nonresource-intensive countries however, continued to grow robustly. A modest recovery in growth of about 2.6 percent is expected in 2017, but this falls short of past trends and is too low to put sub-Saharan Africa back on a path of rising living standards. While sub-Saharan Africa remains a region with tremendous growth potential, the deterioration in the overall outlook partly reflects insufficient policy adjustment. In that context, and to reap this potential, strong and sound domestic policy measures are needed to restart the growth engine. Read the report
Departmental Papers on Africa
The Departmental African Paper Series covers research on Sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
IMF Opens Africa Training Institute in Mauritius
The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.