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Congo’s economic outlook is still quite good but external factors are a major threat. Gross domestic product (GDP) should grow 5.1% in 2013 and 5.3% in 2014. Apart from oil, the main pillars of growth are forestry, transport and telecommunications,...
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The Congo Republic’s economic prospects look good even if Europe’s debt crisis is a threat. Gross domestic product (GDP) growth of 5.7% for 2012 and 4.7% for 2013 is predicted – after a 5.3% increase in 2011. The increases are dependent on at least ...
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Congo’s economic performance in 2010 owes a great deal to the increase in its oil production. The latter reached a record level, estimated at 115 million barrels compared to 99 million in 2009. Fiscal reform and debt relief obtained under the HIPC...
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The Republic of Congo has made significant progress in restoring internal political peace and applying reforms launched under the three-year programme agreed with the International Monetary Fund (IMF) as part of the Poverty Reduction and Growth ...
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