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Republic of Congo - Joint World Bank-IMF Debt Sustainability Analysis Update : 43647.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- World Bank Group.
- Series:
- Debt and Creditworthiness Study.
- World Bank e-Library.
- Debt and Creditworthiness Study
- Language:
- English
- Subjects (All):
- Debt Markets.
- External Debt.
- Finance and Financial Sector Development.
- Public Sector Development.
- Risk Assessment.
- Local Subjects:
- Debt Markets.
- External Debt.
- Finance and Financial Sector Development.
- Public Sector Development.
- Risk Assessment.
- Other Title:
- Republic of Congo - Joint World Bank-IMF Debt Sustainability Analysis Update
- Place of Publication:
- Washington, D.C. : The World Bank, 2019.
- System Details:
- data file
- Summary:
- Based 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 ter.
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