Democratic Republic of the Congo Economic Update, 7th Edition : Digital Inclusion for Equitable Growth; The New Telecom Law : A Key Catalyst
The Democratic Republic of the Congo (DRC) has suffered from decades of conflict, poor governance, and volatile economic growth reflecting commodity dependence. Poverty remains widespread in the country, including in urban areas, albeit uneven acro...
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| Format: | Rapport |
| Language: | English en_US |
| Published: |
Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099455008222218204/P1715680ca8d5f0240a0e006d4be3b0e45f http://hdl.handle.net/10986/37916 |
| Summary: | The Democratic Republic of the Congo
(DRC) has suffered from decades of conflict, poor
governance, and volatile economic growth reflecting
commodity dependence. Poverty remains widespread in the
country, including in urban areas, albeit uneven across
regions. The Coronavirus (COVID-19) pandemic exacerbated the
DRC’s existing economic vulnerability to external shocks
while boosting the use of digital technology. This 7th
edition, covering the period 2020–2021 and the first quarter
of 2022, examines how the DRC economy responded and fared
amidst adverse shocks, with a view to improving the
country’s resilience in the future. It analyzes the impact
of the COVID-19 pandemic and the global recovery, as well as
the most recent impact of the war in Ukraine on the DRC’s
main macroeconomic aggregates. The report focuses on the
importance of digital development in bringing about poverty
reduction and inclusive growth. It leverages the critical
breakthrough of the new Telecommunications Law to improve
connectivity and close the digital divide, while exposing
the remaining challenges. This economic update targets a
broad audience, including decision makers, the business
environment, local and international development partners,
civil society actors, the academic environment, and economic
and financial analysts. |
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