DR Congo Scores High on Growth, Lags in Poverty Reduction: IMF | |
International Monetary Fund - October 13, 2015 | |
The 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. | |
Congo Improves Natural Resources Accounting | |
VOA News - July 4, 2014 | |
The Democratic Republic of Congo, faulted last year for murky reporting on its earnings from natural resources, has improved its accounting enough to be awarded full membership in an international organization touting transparency. | |
DR Congo Economic Growth Set to Reach An Unprecedented Seven Percent in 2013 | |
World Bank - April 12, 2012 | |
In 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. | |
$70 Million in Congo Mining Revenue Untraceable, Investigators Say | |
VOA News - March 5, 2012 | |
Anti-corruption investigators say they cannot trace more than $70 million that mining companies claim to have paid to the government. The gap between what mining companies pay and what Congo's government should receive may be far greater than the tens of millions unaccounted for, a report says. | |
Global Witness welcomes DR Congo's decision to publish resource contracts | |
Global Witness - June 3, 2011 | |
A decree published this week by the Democratic Republic of Congo commits the government to disclose all natural resource contracts within 60 days of their coming into effect. The decision is a welcome move which could help reduce corruption in the country if fully implemented, Global Witness said today. | |
DRC's Election Results Make Its Neighbour Nervous | |
Monuc/IRIN - November 3, 2006 | |
The Democratic Republic of Congo's (DRC) anxious wait for the outcome of the presidential election run-off is putting its neighbour Zambia on edge where currency dealers are stocking up on kwacha, the local currency, and dumping the DRC's Congolese franc. |
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