DR Congo

DR Congo completed a three-year, USD 1.5 bln IMF loan program, a first in its history. The program’s closure allows for a final disbursement of USD 224.7 mln to support the nation’s FX reserves. Despite ongoing conflict in resource-rich eastern Congo, GDP growth is expected to decrease to 4.7% in 2024 from 8.4% in 2023, with an average inflation of 17.2% anticipated for the year.