Democratic Republic of the Congo: Selected Issues and Statistical Appendix

Author: International Monetary Fund

Volume/Issue: Volume 2003 Issue 175

Publication date: June 2003

ISBN: 9781451841152

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Money and Monetary Policy , Public Finance , ISCR , CR , BCC , Congo , currency , dollarization , government , government control , de facto authorities , parts of the DRC , development partner , a number of area , foreign currency , Currencies , Total factor productivity , Public expenditure review , Mining sector , East Asia , Sub-Saharan Africa , Africa

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Summary

This Selected Issues paper and Statistical Appendix investigates the sources of growth in the Democratic Republic of the Congo (DRC) and evaluates the relative importance of productivity growth and factor accumulation. The analysis is extended to the key sectors of the economy: agriculture, mining, and transport. The paper assesses the DRC’s medium-term growth prospects and compares them with both the post-conflict growth experience to date and the growth objectives of the Poverty Reduction and Growth Facility-supported program. The paper also suggests a simple, yet powerful, methodology for projecting the real GDP growth rate.