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DR Congo Scores High on Growth, Lags in Poverty Reduction: IMF

International Monetary Fund - October 13, 2015

DR Congo growth figures/IMFThe IMF’s latest annual economic assessment indicates that while growth rates for 2014 were as high as 9.2 percent, poverty rates in the DRC are still among the highest in the world. And while the report notes some social improvements, like better access to education, it’s unlikely the DRC will achieve any of the Millennium Development goals.
DR Congo Eases Process for Starting a New Business

L'Avenir - June 3, 2013

Matata Ponyo meets with FEC president Albert Yuma on 8/3/2012Prime Minister Matata Ponyo has inaugurated the new one-stop agency for entrepreneurs who want to start a new business. The head of the new agency said that its offices across the country will streamline the process of creating a new business, which used to take months, to a maximum of 3 business days.
In Eastern DRC, Ex-Fighters Make a New Life With Coffee

VOA News - November 5, 2012

In Eastern DRC, Ex-Fighters Make a New Life With CoffeeA cooperative in the eastern Democratic Republic of Congo is giving Congolese coffee exports a fresh start. The co-op is trying to do the same for former rebels and soldiers. They are being encouraged to make a better and safer living from coffee.
Kabila Names Finance Minister as New Prime Minister

Congo News Agency - April 19, 2012

Augustin Matata PonyoPresident Joseph Kabila named former finance minister Matata Ponyo as the new prime minister on Wednesday. Known as a technocrat, Mr. Ponyo oversaw a 7 percent economic growth in the Democratic Republic of Congo in 2010 and a $12.3 billion debt cancellation. The World Bank said last week it expects the same growth rate in DR Congo for the next two years.
DR Congo Economic Growth Set to Reach An Unprecedented Seven Percent in 2013

World Bank - April 12, 2012

DR Congo's Minister of Planning Olivier KamitatuIn its first detailed economic analysis in twenty-five years, the World Bank projects the economy of The Democratic Republic of Congo (DRC) is set to grow at up to 7 percent annually for the next two years. However, commodities remain important, both directly and indirectly as these sectors finance construction, trade and other activities.
DR Congo, IMF to Co-Host Conference on the Management of Natural Resources

International Monetary Fund - March 13, 2012

Congo rainforestDR Congo and the IMF will co-host a high-level conference on the “Management of Natural Resources in Sub-Saharan Africa”, on March 21-22, 2012 in Kinshasa. The event will bring together policy makers, stakeholders, academics, and civil society from around the world.
DR Congo's Government Resigns

ACP - March 6, 2012

Adolphe MuzitoPrime Minister Adolphe Muzito tendered his resignation to President Joseph Kabila on Tuesday. The procedural move will allow President Kabila to form a new government following the Nov. 28 presidential and parliamentary elections, Mr. Muzito told reporters after the meeting.
32 Million Congolese Voters Set to Elect Their Leaders

Congo News Agency - November 27, 2011

Joseph Kabila supporters during a camgaign stop in Mbuji Mayi, Kasai-Oriental ProvinceMore than 32 million Congolese voters are set to go to the polls on Monday to elect their president and national Members of Parliament for the next 5 years. After a campaign charged with claims and counterclaims, it’s time for the voices of the Congolese people to be heard.
UN advises prudent use of abundant resources to spur development

UN News Centre - October 10, 2011

Congo rainforestThe Democratic Republic of the Congo has the capacity to become the driving force of Africa’s economic development if its vast forests, water resources and trillions of dollars worth of mineral reserves are used prudently, according to the findings of a United Nations assessment released today.
DR Congo growth above 7 percent in 2010 - IMF

International Monetary Fund - September 3, 2011

IMF - Congo"Macroeconomic performance was strong in 2010. Real gross domestic product (GDP) growth was above 7 percent, inflation fell to below 10 percent for the first time in several years, and the external position improved," says the International Monetary Fund.



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