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
IMF Staff Country Reports, October 13, 2015
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- 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
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Bibliographic details
- Published: October 13, 2015
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513596662.002
Executive summary and macroeconomic performance
- 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.
Growth projections
- Real GDP growth is projected to remain strong at 9.2 percent in 2015—among the highest rates in the world.
- Real GDP growth is projected to average 8.4 percent in 2016–17.
- Real GDP growth is projected to stabilize at about 6 percent in 2018–20.
Scope and thematic coverage
- Subjects: Budget planning and preparation; Debt sustainability analysis; External debt; Mining sector; National accounts; Public debt; Public financial management (PFM).
- Keywords: Africa; authorities' effort; authority; Budget planning and preparation; Congo; CR; Debt sustainability analysis; development dynamics; DRC authorities; Global; government's oversight; ISCR; Middle East; natural resource endowment; oversight of the so; real GDP; Southern Africa; Sub-Saharan Africa.