The last Article IV Executive Board Consultation was on August 26, 2019. Listed below are items related to Democratic Republic of the Congo.
Country News
A group of children in Lubumbashi, Democratic Republic of Congo. The country is committed to fostering inclusive growth, including the provision of free basic education (photo:Alphorom/iStockphoto)
Five Takeaways from Democratic Republic of the Congo's IMF Program
The Democratic Republic of the Congo’s fragile economy faces many long-standing challenges and remains highly vulnerable to shocks. To help the DRC strengthen its economy, the IMF has just approved a loan under its Rapid Credit Facility (RCF) combined with a Staff-Monitored Program until May 2020.
At a Glance
- 2020 Projected Real GDP (% Change) : -2.2
- 2020 Projected Consumer Prices (% Change): 11.0
- Date of Membership: September 28, 1963
- Article IV/Country Report: September 4, 2019
- Outstanding Purchases and Loans (SDR): 296.2 million (March 31, 2020)
- Special Drawing Rights (SDR): 27.5 million
- Quota (SDR): 1066.0 million
- Number of Arrangements since membership: 13