Current Account in DR Congo
DR Congo - Current AccountWith the presidential election slated for 23 December looming closer, opposition parties selected well-known businessman and veteran legislator, Martin Fayulu, as the unity candidate on 11 November following lengthy talks in Geneva. Fayulu has been one of the fiercest critics of President Joseph Kabila’s tight grip on power. While strong activity in the extractive sectors has supported firm growth, the long-delayed elections have led to a tense business environment and a slowdown in overall activity. Moreover, Katanga Mining (a subsidiary of Glencore) announced a temporary halt to cobalt production at its Kamoto mine, after high levels of uranium were discovered.
DR Congo - Current Account Data
|Current Account (% of GDP)||-9.5||-4.8||-3.9||-3.6||-3.1|
5 years of economic forecasts for more than 30 economic indicators.
Source: Central Bank of Congo
DR Congo Facts
|Exchange Rate||1,644||-0.78 %||Dec 11|
|Stock Market||0.2||0.0 %||Dec 06|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.