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Why is the Democratic Republic of Congo in debt?

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This amount means that the debt in 2016 reached 16.78% of Democratic Republic of the Congo GDP, a 0.67 percentage point rise from 2015, when it was 16.11% of GDP. If we check the tables we can see the evolution of Democratic Republic of the Congo debt. read more

The Democratic Republic of Congo Overview by the World Bank breaks it down quite well. Since 2001, the country has been recovering from a series of conflicts that broke out in the 1990s and the effects of a protracted economic and social slump. read more

In 2016 Democratic Republic of the Congo public debt was 5,962 million euros 6,600 million dollars, has increased 385 412 million since 2015. This amount means that the debt in 2016 reached 16.78% of Democratic Republic of the Congo GDP, a 0.67 percentage point rise from 2015, when it was 16.11% of GDP. read more

The Democratic Republic of the Congo (DRC), the largest country in Francophone Africa, has vast natural resources and spans a surface area of 2.3 million square kilometers. Fewer than 40% of the nearly 77 million inhabitants live in urban areas. read more

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IMF Survey: Democratic Republic of the Congo Gets $551 ...
Source: imf.org