Democratic Republic of Congo Bi-Annual Economic Report, Spring 2011

This report is part of a series aimed at monitoring economic developments in the Democratic Republic of Congo (DRC). The main objective of these reports is to provide regular updates on key macroeconomic developments and reform initiatives. The rep...

Full description

Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
en_US
Published: World Bank, Kinshasa 2017
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/290971468246354747/Congo-Democratic-Republic-of-Bi-annual-economic-report
http://hdl.handle.net/10986/27248
id okr-10986-27248
recordtype oai_dc
spelling okr-10986-272482021-04-23T14:04:40Z Democratic Republic of Congo Bi-Annual Economic Report, Spring 2011 World Bank AGRICULTURAL ACTIVITIES AGRICULTURAL GROWTH AGRICULTURAL PRODUCTION AGRICULTURE ALCOHOLIC DRINK AMORTIZATION ARBITRAL AWARDS ARREARS BALANCE OF PAYMENTS BANK ACTIVITIES BANK FINANCING BANKING SYSTEM BEEF BENCHMARK BREWERY BROAD MONEY BUDGET DEFICIT BUDGETARY SUPPORT BUSINESS CLIMATE BUSINESS LAW CAPACITY BUILDING CASSAVA CENTRAL BANK CEREALS COMMERCE COMMERCIAL BANK COMMODITIES COMMODITY COMMODITY PRICES COMPETITIVE BIDDING CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICES COPPER PRICE CREDIT FACILITY CREDITORS CURRENCY CURRENT ACCOUNT BALANCE CURRENT ACCOUNT DEFICIT DATES DEBT RELIEF DEBT SERVICE DECENTRALIZATION DEPOSIT DEPOSITS DEVELOPING COUNTRIES DISBURSEMENT DISPOSABLE INCOME DOMESTIC CREDIT DOMESTIC DEBT DOMESTIC PRICES ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ECONOMIC OUTLOOK ECONOMIC STRUCTURE ELASTICITY ENERGY PRICES EQUIPMENT EXCHANGE RATE EXPENDITURE EXPENDITURES EXPORTS EXTERNAL DEBT FAIR FATS FINANCIAL CRISIS FISCAL DEFICIT FISCAL POLICIES FISCAL POLICY FOOD CONSUMPTION FOOD CROPS FOOD PRICE FOOD PRICES FOOD PRODUCTS FOOD SECURITY FOODS FOREIGN ASSETS FOREIGN CURRENCY FOREIGN DEBT FOREIGN FINANCING GDP GDP DEFLATOR GLOBAL ECONOMY GOVERNMENT DEFICIT GOVERNMENT EXPENDITURE GOVERNMENT FINANCE GOVERNMENT REVENUE GRAINS GROWTH RATE HARMONIZATION HUMAN RESOURCES INDUSTRIALIZATION INFLATION INFLATION RATE INFLATION TARGET INFLATIONARY PRESSURES INFRASTRUCTURE PROJECTS INSTITUTIONAL CAPACITY INTEREST RATE INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL INVESTMENT INTERNATIONAL MARKETS INVESTOR CONFIDENCE INVESTOR PROTECTION JOINT VENTURE LOAN LOCAL CURRENCY This report is part of a series aimed at monitoring economic developments in the Democratic Republic of Congo (DRC). The main objective of these reports is to provide regular updates on key macroeconomic developments and reform initiatives. The reports focus on macroeconomic developments and key structural reforms that have both significant short and medium term impacts. This report presents a broad overview of macroeconomic, political and structural developments in the DRC up to January 2011 and the outlook for the remainder of 2011. DRC's constitution adopted in 2006 has been revised in January 2011 by Parliament. The main changes to the original texts include the election of the president by a majority in a single round vote. The Congolese authorities have maintained prudent fiscal policies under the International Monetary Fund (IMF) Extended Credit Facility (ECF) program, which has achieved the main objectives of this program in 2010 with an inflation rate (end-of-period) below the target of 9.9 percent. The economy has registered, thanks to the dynamism of the mining sector, a solid growth rate of 7.2 percent compared to 2.8 percent in 2009. Gross Domestic Product (GDP) growth for 2011 is projected to reach 6.5 percent. The country's external position has improved. The current account balance, including grants, improved from a deficit of 10.5 percent of GDP in 2009 to 6.8 percent in 2010. Favorable commodity prices on the world market contributed to this development. 2017-06-16T16:43:01Z 2017-06-16T16:43:01Z 2011 Report http://documents.worldbank.org/curated/en/290971468246354747/Congo-Democratic-Republic-of-Bi-annual-economic-report http://hdl.handle.net/10986/27248 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Kinshasa Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Africa Congo, Democratic Republic of
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AGRICULTURAL ACTIVITIES
AGRICULTURAL GROWTH
AGRICULTURAL PRODUCTION
AGRICULTURE
ALCOHOLIC DRINK
AMORTIZATION
ARBITRAL AWARDS
ARREARS
BALANCE OF PAYMENTS
BANK ACTIVITIES
BANK FINANCING
BANKING SYSTEM
BEEF
BENCHMARK
BREWERY
BROAD MONEY
BUDGET DEFICIT
BUDGETARY SUPPORT
BUSINESS CLIMATE
BUSINESS LAW
CAPACITY BUILDING
CASSAVA
CENTRAL BANK
CEREALS
COMMERCE
COMMERCIAL BANK
COMMODITIES
COMMODITY
COMMODITY PRICES
COMPETITIVE BIDDING
CONSUMER PRICE
CONSUMER PRICE INDEX
CONSUMER PRICES
COPPER PRICE
CREDIT FACILITY
CREDITORS
CURRENCY
CURRENT ACCOUNT BALANCE
CURRENT ACCOUNT DEFICIT
DATES
DEBT RELIEF
DEBT SERVICE
DECENTRALIZATION
DEPOSIT
DEPOSITS
DEVELOPING COUNTRIES
DISBURSEMENT
DISPOSABLE INCOME
DOMESTIC CREDIT
DOMESTIC DEBT
DOMESTIC PRICES
ECONOMIC DEVELOPMENT
ECONOMIC DEVELOPMENTS
ECONOMIC OUTLOOK
ECONOMIC STRUCTURE
ELASTICITY
ENERGY PRICES
EQUIPMENT
EXCHANGE RATE
EXPENDITURE
EXPENDITURES
EXPORTS
EXTERNAL DEBT
FAIR
FATS
FINANCIAL CRISIS
FISCAL DEFICIT
FISCAL POLICIES
FISCAL POLICY
FOOD CONSUMPTION
FOOD CROPS
FOOD PRICE
FOOD PRICES
FOOD PRODUCTS
FOOD SECURITY
FOODS
FOREIGN ASSETS
FOREIGN CURRENCY
FOREIGN DEBT
FOREIGN FINANCING
GDP
GDP DEFLATOR
GLOBAL ECONOMY
GOVERNMENT DEFICIT
GOVERNMENT EXPENDITURE
GOVERNMENT FINANCE
GOVERNMENT REVENUE
GRAINS
GROWTH RATE
HARMONIZATION
HUMAN RESOURCES
INDUSTRIALIZATION
INFLATION
INFLATION RATE
INFLATION TARGET
INFLATIONARY PRESSURES
INFRASTRUCTURE PROJECTS
INSTITUTIONAL CAPACITY
INTEREST RATE
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERNATIONAL INVESTMENT
INTERNATIONAL MARKETS
INVESTOR CONFIDENCE
INVESTOR PROTECTION
JOINT VENTURE
LOAN
LOCAL CURRENCY
spellingShingle AGRICULTURAL ACTIVITIES
AGRICULTURAL GROWTH
AGRICULTURAL PRODUCTION
AGRICULTURE
ALCOHOLIC DRINK
AMORTIZATION
ARBITRAL AWARDS
ARREARS
BALANCE OF PAYMENTS
BANK ACTIVITIES
BANK FINANCING
BANKING SYSTEM
BEEF
BENCHMARK
BREWERY
BROAD MONEY
BUDGET DEFICIT
BUDGETARY SUPPORT
BUSINESS CLIMATE
BUSINESS LAW
CAPACITY BUILDING
CASSAVA
CENTRAL BANK
CEREALS
COMMERCE
COMMERCIAL BANK
COMMODITIES
COMMODITY
COMMODITY PRICES
COMPETITIVE BIDDING
CONSUMER PRICE
CONSUMER PRICE INDEX
CONSUMER PRICES
COPPER PRICE
CREDIT FACILITY
CREDITORS
CURRENCY
CURRENT ACCOUNT BALANCE
CURRENT ACCOUNT DEFICIT
DATES
DEBT RELIEF
DEBT SERVICE
DECENTRALIZATION
DEPOSIT
DEPOSITS
DEVELOPING COUNTRIES
DISBURSEMENT
DISPOSABLE INCOME
DOMESTIC CREDIT
DOMESTIC DEBT
DOMESTIC PRICES
ECONOMIC DEVELOPMENT
ECONOMIC DEVELOPMENTS
ECONOMIC OUTLOOK
ECONOMIC STRUCTURE
ELASTICITY
ENERGY PRICES
EQUIPMENT
EXCHANGE RATE
EXPENDITURE
EXPENDITURES
EXPORTS
EXTERNAL DEBT
FAIR
FATS
FINANCIAL CRISIS
FISCAL DEFICIT
FISCAL POLICIES
FISCAL POLICY
FOOD CONSUMPTION
FOOD CROPS
FOOD PRICE
FOOD PRICES
FOOD PRODUCTS
FOOD SECURITY
FOODS
FOREIGN ASSETS
FOREIGN CURRENCY
FOREIGN DEBT
FOREIGN FINANCING
GDP
GDP DEFLATOR
GLOBAL ECONOMY
GOVERNMENT DEFICIT
GOVERNMENT EXPENDITURE
GOVERNMENT FINANCE
GOVERNMENT REVENUE
GRAINS
GROWTH RATE
HARMONIZATION
HUMAN RESOURCES
INDUSTRIALIZATION
INFLATION
INFLATION RATE
INFLATION TARGET
INFLATIONARY PRESSURES
INFRASTRUCTURE PROJECTS
INSTITUTIONAL CAPACITY
INTEREST RATE
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERNATIONAL INVESTMENT
INTERNATIONAL MARKETS
INVESTOR CONFIDENCE
INVESTOR PROTECTION
JOINT VENTURE
LOAN
LOCAL CURRENCY
World Bank
Democratic Republic of Congo Bi-Annual Economic Report, Spring 2011
geographic_facet Africa
Congo, Democratic Republic of
description This report is part of a series aimed at monitoring economic developments in the Democratic Republic of Congo (DRC). The main objective of these reports is to provide regular updates on key macroeconomic developments and reform initiatives. The reports focus on macroeconomic developments and key structural reforms that have both significant short and medium term impacts. This report presents a broad overview of macroeconomic, political and structural developments in the DRC up to January 2011 and the outlook for the remainder of 2011. DRC's constitution adopted in 2006 has been revised in January 2011 by Parliament. The main changes to the original texts include the election of the president by a majority in a single round vote. The Congolese authorities have maintained prudent fiscal policies under the International Monetary Fund (IMF) Extended Credit Facility (ECF) program, which has achieved the main objectives of this program in 2010 with an inflation rate (end-of-period) below the target of 9.9 percent. The economy has registered, thanks to the dynamism of the mining sector, a solid growth rate of 7.2 percent compared to 2.8 percent in 2009. Gross Domestic Product (GDP) growth for 2011 is projected to reach 6.5 percent. The country's external position has improved. The current account balance, including grants, improved from a deficit of 10.5 percent of GDP in 2009 to 6.8 percent in 2010. Favorable commodity prices on the world market contributed to this development.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Democratic Republic of Congo Bi-Annual Economic Report, Spring 2011
title_short Democratic Republic of Congo Bi-Annual Economic Report, Spring 2011
title_full Democratic Republic of Congo Bi-Annual Economic Report, Spring 2011
title_fullStr Democratic Republic of Congo Bi-Annual Economic Report, Spring 2011
title_full_unstemmed Democratic Republic of Congo Bi-Annual Economic Report, Spring 2011
title_sort democratic republic of congo bi-annual economic report, spring 2011
publisher World Bank, Kinshasa
publishDate 2017
url http://documents.worldbank.org/curated/en/290971468246354747/Congo-Democratic-Republic-of-Bi-annual-economic-report
http://hdl.handle.net/10986/27248
_version_ 1764463907083124736