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,...
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 ...
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...
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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