Congo sees economic growth at 10.4%

Democratic Republic of Congo Prime Minister Augustin Matata Ponyo.

Democratic Republic of Congo Prime Minister Augustin Matata Ponyo.

Published Oct 13, 2014

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Dakar - Democratic Republic of Congo's government is forecasting economic growth next year of 10.4 percent, Prime Minister Augustin Matata Ponyo told parliament on Monday.

The forecast, contained in the government's 2015 budget, was higher than the International Monetary Fund's 8.5 percent estimate for growth next year.

A spokesperson for the prime minister's office was not immediately available.

“The rate of growth for the fiscal year 2015 is estimated at 10.4 percent,” Matata Ponyo told parliament.

“Nominal GDP is 36,325.20 billion Congolese francs (R434 billion).” - Reuters

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