The macroeconomic situation in the Democratic Republic of Congo (DR Congo) remains “stable,” with an inflation rate of about 2 percent, the UN Mission for Stabilization of Congo (MONUSCO) has said.
“The engine for growth remains increased mineral production, and in some cases, higher productivity in the agricultural sector, ” the UN mission said in a report released on Tuesday.
“One of the major challenges facing the economy is the decreased foreign direct investments due to political instability, and the drop in the price of copper and cobalt, both of which form 44 percent of the country’s nominal gross domestic product.
The report recalled that DR Congo government had in December last year adopted a 9.07 billion U.S. dollar budget for 2015, a 2 percent increase from that of 2014. Enditem