Quantcast
Congo central bank lowers 2019 GDP growth forecast to 4.6% - Metro US

Congo central bank lowers 2019 GDP growth forecast to 4.6%

KINSHASA (Reuters) – The Congolese central bank expects the economy to grow 4.6% in 2019, after revising down an earlier estimate of 5.1% during a policy meeting on Friday.

The new figure is more in line with a forecast from the International Monetary Fund, which expects growth this year of 4.3% because of lower copper and cobalt prices.

(Reporting by Hereward Holland; Writing by Alessandra Prentice; Editing by Alex Richardson)

More from our Sister Sites