Democratic Republic of the Congo: First Review Under the Extended Credit Facility Arrangement, Requests for Waivers of Nonobservance of Performance Criteria, Modification of Quantitative Performance Criteria, and Financing Assurances Review -Press Rel

First Review Under the Extended Credit Facility Arrangement, Requests for Waivers of Nonobservance of Performance Criteria, Modification of Quantitative Performance Criteria, and Financing Assurances Review -Press Release; Staff Report; and Statement by the Executive Director for the Democratic Republic of the Congo

Democratic Republic of the Congo: First Review Under the Extended Credit Facility Arrangement, Requests for Waivers of Nonobservance of Performance Criteria, Modification of Quantitative Performance Criteria, and Financing Assurances Review -Press Release; Staff Report

Volume/Issue: Volume 2025 Issue 195

Publication date: July 2025

ISBN: 9798229017817

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Topics covered in this book

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Exports and Imports , Economics- Macroeconomics , Public Finance , Arrears , Budget planning and preparation , Fiscal stance , Mining sector , Fiscal law

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Summary

The DRC’s economy has been resilient in a challenging environment amid the escalation of the armed conflict in the eastern part of the country, which placed significant strains on the budget. The authorities have made good progress on the structural reform’s agenda, but a few quantitative targets were missed.