Republic of Congo - Joint World Bank-IMF Debt Sustainability Analysis Update : July 2019
Based on an assessment of external public debt indicators and given the continued buildup of external arrears, the Republic of Congo is classified as “in debt distress”. Moreover, despite the recent restructuring agreement with China, public debt r...
| Main Authors: | , |
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| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/582871570789918421/Republic-of-Congo-Joint-World-Bank-IMF-Debt-Sustainability-Analysis-Update-July-2019 http://hdl.handle.net/10986/32578 |
| Summary: | Based on an assessment of external
public debt indicators and given the continued buildup of
external arrears, the Republic of Congo is classified as “in
debt distress”. Moreover, despite the recent restructuring
agreement with China, public debt remains unsustainable with
the net present value of external debt in percent of gross
domestic product (GDP) and the external debt
service-to-revenue ratios projected to remain above their
indicative thresholds in the medium ter |
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