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. | |
DR Congo Eases Process for Starting a New Business | |
L'Avenir - June 3, 2013 | |
Prime 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 | |
A 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 | |
President 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 | |
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. | |
DR Congo, IMF to Co-Host Conference on the Management of Natural Resources | |
International Monetary Fund - March 13, 2012 | |
DR 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 | |
Prime 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 | |
More 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 | |
The 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 | |
"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. |