World BankInternational Monetary Fund2019-10-182019-10-182019-07https://hdl.handle.net/10986/32578Based on an assessment of external public debt indicators and given the continued buildup of external arrears, the Republic of Congo is classified as “in debt distress”. Moreover, despite the recent restructuring agreement with China, public debt remains unsustainable with the net present value of external debt in percent of gross domestic product (GDP) and the external debt service-to-revenue ratios projected to remain above their indicative thresholds in the medium terCC BY 3.0 IGODEBT DISTRESSDEBT SERVICE BURDENCONTINGENT LIABILITYPUBLIC SECTOR DEBTPUBLIC AND PUBLICLY GUARANTEED DEBTEXTERNAL DEBTSUSTAINABILITY ANALYSISRISK ASSESSMENTMACROECONOMIC PROJECTIONRepublic of Congo - Joint World Bank-IMF Debt Sustainability Analysis UpdateReportWorld BankJuly 201910.1596/32578