The
year-on-year inflation in the DRC stands at 18.35% as of the 3rd of July 2011. If
this trend is confirmed, the inflation should reach 27% in December. With a
Central bank prime rate of 29.5%, the real interest remains high (in comparison
to Eurozone or the US) at 11.15%.
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Happy New Year to all my readers! I wish you all the best for 2018! Weak GDP growth, high inflation, depreciation of the Congolese Fr...
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During the last 50 years the Congolese GDP (adjusted for inflation) has grown at a meager CAGR of 0.5% per year reaching its highest lev... -
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