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.

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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

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The Democratic Republic of the Congo and the IMF

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October 11, 2018

Capital Flows and The Future of Work

The macroeconomic outlook for sub-Saharan Africa continues to strengthen. Growth is expected to increase from 2.7 percent in 2017 to 3.1 percent in 2018, reflecting domestic policy adjustments and a supportive external environment, including continued steady growth in the global economy, higher commodity prices, and accommodative external financing conditions. While fiscal imbalances are being contained in many countries, the adjustment has typically occurred through a combination of higher commodity revenues and sharp cuts in capital spending, with little progress on domestic revenue mobilization. Over the medium term, and on current policies, growth is expected to accelerate to about 4 percent, too low to absorb the likely flow of new entrants into labor markets. The outlook is surrounded by significant downside risks, particularly considering the elevated policy uncertainty in the global economy. Shielding the recovery and raising medium-term growth would require reducing debt vulnerabilities and creating fiscal space through more progress on domestic revenue mobilization, and policies to achieve strong sustainable and inclusive growth.


Read the Report

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Departmental Papers on Africa

Africa Departmental Papers Cover 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.

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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.