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 membership: 188 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
News and Highlights
Presentation by the Resident Representative on the regional economic outlook for sub-Saharan Africa, November 2015
November 30, 2015
A Newsletter of the IMF on Low-income countries; November 2012
November 7, 2012
The IMF’s African Department is the hub of the institution’s engagement with low-income member countries. Over the past year, 13 new programs were approved under the IMF’s Policy Support Instrument, and Extended Credit Facility, more flexible policies were implemented to allow for flexible financing of infrastructure investment, and policy advice focused on restoring “macroeconomic buffers” that enabled effective policy responses to mitigate the worst of the impact of the 2009 global economic crisis.
March 22, 2011
The Democratic Republic of the Congo and the IMF
December 22, 2015
Author/Editor: Corinne Deléchat ; Ejona Fuli ; Dafina Mulaj ; Gustavo Ramirez ; Rui Xu
Series: Working Paper No. 15/268
October 13, 2015
Series: Country Report No. 15/280
October 13, 2015
Series: Country Report No. 15/281
October 13, 2015
If there's one country that exemplifies the difficulty in transforming mineral wealth into inclusive growth- it's the Democratic Republic of Congo. The IMF's latest annual economic assessment indicates while growth rates for 2014 were as high as 9.2 percent, poverty rates in the DRC are still among the highest in the world. In this podcast, Norbert Toé, IMF mission chief for the DRC discusses the key findings in the report.
October 13, 2015
S’il est un pays qui démontre combien il est difficile de transformer les richesses minérales en croissance inclusive, c’est bien la République démocratique du Congo.
Selon la dernière évaluation annuelle de l’économie congolaise réalisée par le FMI, les taux de croissance en 2014 atteignaient jusqu’à 9,2 %, mais les indices de pauvreté de la RDC restent parmi les plus élevés au monde. Dans ce podcast, Norbert Toé, Chef de mission pour la RDC, discute les points essentiels du rapport.
Regional Economic Outlook for subsharan AfricaGrowth in sub-Saharan Africa has weakened after more than a decade of solid growth, although this overall outlook masks considerable variation across the region. Some countries have been negatively affected by falling prices of their main commodity exports. Oil-exporting countries, including Nigeria and Angola, have been hit hard by falling revenues and the resulting fiscal adjustments, while middle-income countries such as Ghana, South Africa, and Zambia are also facing unfavorable conditions. This October 2015 report discusses the fiscal and monetary policy adjustments necessary for these countries to adapt to the new environment. Chapter 2 looks at competitiveness in the region, analyzing the substantial trade integration that accompanied the recent period of high growth, and policy actions to nurture new sources of growth. Chapter 3 looks at the implications for the region of persistently high income and gender inequality and ways to reduce them.
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.