Report
The Democratic Republic of the Congo - Joint World Bank-IMF Debt Sustainability Analysis
collection.link.151 |
https://openknowledge.worldbank.org/handle/10986/7795
| |
collection.name.151 |
Debt and Creditworthiness Study
| |
dc.contributor.author |
World Bank
| |
dc.contributor.author |
International Monetary Fund
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dc.date.accessioned |
2019-10-18T13:41:47Z
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dc.date.available |
2019-10-18T13:41:47Z
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dc.date.issued |
2019-09
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dc.date.lastModified |
2021-05-25T09:28:47Z
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dc.description.abstract |
According to the updated Low-Income
Country Debt Sustainability Framework (LIC DSF), the
Democratic Republic of the Congo (DRC)’s debt-carrying
capacity was assessed as weak. DRC remains at a moderate
risk of external and overall debt distress, with limited
space to absorb shocks. The debt coverage has been improved
since the last DSA, especially on domestic debt. The
external nominal debt ratios are lower than at the time of
the 2015 debt sustainability analysis (DSA), however the
country shows vulnerability in debt repayment capacity, even
under the baseline, due to weak revenue mobilization. Most
external debt thresholds are breached under the stress
tests, highlighting the country’s vulnerability to external
shocks. Given limited buffers, prudent borrowing policies
are essential by prioritizing concessional loans and
strengthening debt management policies
| en |
dc.identifier |
http://documents.worldbank.org/curated/en/929601570790408335/The-Democratic-Republic-of-the-Congo-Joint-World-Bank-IMF-Debt-Sustainability-Analysis-September-2019
| |
dc.identifier.uri |
http://hdl.handle.net/10986/32577
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dc.language |
English
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dc.publisher |
World Bank, Washington, DC
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dc.rights |
CC BY 3.0 IGO
| |
dc.rights.holder |
World Bank
| |
dc.rights.uri |
http://creativecommons.org/licenses/by/3.0/igo
| |
dc.subject |
DEBT DISTRESS
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dc.subject |
DEBT SERVICE BURDEN
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dc.subject |
PUBLIC SECTOR DEBT
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dc.subject |
PUBLIC AND PUBLICLY GUARANTEED DEBT
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dc.subject |
CONTINGENT LIABILITY
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dc.subject |
EXTERNAL DEBT
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dc.subject |
SUSTAINABILITY ANALYSIS
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dc.subject |
RISK ASSESSMENT
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dc.subject |
MACROECONOMIC PROJECTION
| |
dc.title |
The Democratic Republic of the Congo - Joint World Bank-IMF Debt Sustainability Analysis
| en |
dc.type |
Report
| en |
okr.crossref.title |
The Democratic Republic of the Congo - Joint World Bank-IMF Debt Sustainability Analysis
| |
okr.date.disclosure |
2019-10-11
| |
okr.doctype |
Publications & Research
| |
okr.doctype |
Working Paper
| |
okr.docurl |
http://documents.worldbank.org/curated/en/929601570790408335/The-Democratic-Republic-of-the-Congo-Joint-World-Bank-IMF-Debt-Sustainability-Analysis-September-2019
| |
okr.googlescholar.linkpresent |
yes
| |
okr.identifier.doi |
10.1596/32577
| |
okr.identifier.externaldocumentum |
090224b0871cc3c5_1_0
| |
okr.identifier.internaldocumentum |
31472698
| |
okr.identifier.report |
142557
| |
okr.imported |
true
| en |
okr.language.supported |
en
| |
okr.pdfurl |
http://documents.worldbank.org/curated/en/929601570790408335/pdf/The-Democratic-Republic-of-the-Congo-Joint-World-Bank-IMF-Debt-Sustainability-Analysis-September-2019.pdf
| en |
okr.region.administrative |
Africa
| |
okr.region.country |
Congo, Democratic Republic of
| |
okr.topic |
Public Sector Development :: Public Sector Economics
| |
okr.topic |
Finance and Financial Sector Development :: Debt Markets
| |
okr.topic |
Finance and Financial Sector Development :: Debt Relief and HIPC
| |
okr.topic |
Finance and Financial Sector Development :: Strategic Debt Management
| |
okr.topic |
International Economics and Trade :: External Debt
| |
okr.unit |
EFI-MTI-Global Macro and Debt (EMFMD)
| |
okr.volume |
1
|
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