DRC’s Business Environment Transformation Successful reforms instill new belief in DRC economy Augustin Matata Ponyo Prime Minister of the Democratic Republic of Congo | glObserver Global Economics

High increase in the Democratic Republic of Congo (DRC) over the completed decade has been largely driven by the mining industry, and analysts believe it will continue to be one of sub-Saharan Africa’s fastest growing economies over the next decade, with increase rates well above 6%.

Sourced through Scoop.it from: globserver.cn

Today the currencies of several nations falter due to a drop in the price of commodities, but we have made significant reforms, both tax-wise and sector-based, particularly in the sectors of mining, agriculture, hydrocarbons, forestry and government. All of these reforms have given a boost to the Congolese economy, but as well increased confidence and credibility in the economy; thus investment continues. And these investments, both public and private, help maintain a high increase rate too.

See on Scoop.itglobserver africa


Author: globserver

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