Republic of Congo - Joint World Bank-IMF Debt Sustainability Analysis Update

• Ngôn ngữ: eng
• Ký hiệu phân loại: 276.75 Christianity in Africa Christian church in Africa
• Thông tin xuất bản: World Bank, Washington, DC, 2019
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 294138
• Chủ đề: 1. CONTINGENT LIABILITY; 2. DEBT DISTRESS; 3. DEBT SERVICE BURDEN; 4. PUBLIC AND PUBLICLY GUARANTEED DEBT; 5. PUBLIC SECTOR DEBT

Tóm tắt

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