The sustainability of the debt is an important pillar of a healthy economy, especially as it illustrates a country's ability to meet its debt obligations without recourse to debt relief or arrears. This paper analyzes the sustainability of DR Congolese public debt. It starts from the origin of the debt through the analysis of the situation after the completion point of the PPTE initiative to finally analyze the sustainability of the public debt and the risks it faces. Globally, it was noted that without the PPTE initiative, the DRC's external debt indicators would have exceeded the applicable thresholds: 30% of GDP, 100% of exports and 200% of revenues, but once they reach the completion point these ratios fell below the applicable thresholds: 24.4% of GDP, 42% of exports, and 124.3% of revenues.
| Published in | International Journal of Science, Technology and Society (Volume 7, Issue 1) |
| DOI | 10.11648/j.ijsts.20190701.12 |
| Page(s) | 8-13 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2019. Published by Science Publishing Group |
Sustainability, Public Debt, Sustainability of Public Debt
| [1] | AfDB. Democratic Republic of Congo: Completion Point Document under the Enhanced PPTE Initiative. African development bank. (2011). |
| [2] | DGDP. Statistical bulletin of the public debt. General Direction of Public Debt. (2010). |
| [3] | DGDP. Statistical bulletin of the public debt. General Direction of Public Debt. (2011). |
| [4] | DGDP. Statistical bulletin of the public debt. General Direction of Public Debt. (2012). |
| [5] | DGDP. Statistical bulletin of the public debt. General Direction of Public Debt. (2013). |
| [6] | DGDP. Statistical bulletin of the public debt. General Direction of Public Debt. (2014). |
| [7] | DGDP. Statistical bulletin of the public debt. General Direction of Public Debt. (2015-2017). |
| [8] | DGDP. Annual Report. General Direction of Public Debt. (2011-2017). |
| [9] | IOB-SES. Evaluation of debt relief in the Democratic Republic of Congo. SES. (2012). |
| [10] | OED. PPTE Initiative: Achievement and Prospects. World Bank. (2003). |
APA Style
Dieu-Merci Akonkwa Nyamuhirwa, Jean-Baptiste Ntagoma Kushinganine. (2019). DR Congo Debt Sustainability: A Quinquennial Assessment. International Journal of Science, Technology and Society, 7(1), 8-13. https://doi.org/10.11648/j.ijsts.20190701.12
ACS Style
Dieu-Merci Akonkwa Nyamuhirwa; Jean-Baptiste Ntagoma Kushinganine. DR Congo Debt Sustainability: A Quinquennial Assessment. Int. J. Sci. Technol. Soc. 2019, 7(1), 8-13. doi: 10.11648/j.ijsts.20190701.12
AMA Style
Dieu-Merci Akonkwa Nyamuhirwa, Jean-Baptiste Ntagoma Kushinganine. DR Congo Debt Sustainability: A Quinquennial Assessment. Int J Sci Technol Soc. 2019;7(1):8-13. doi: 10.11648/j.ijsts.20190701.12
Share This Article
Twitter
Linked In
Facebook
Copy
Download@article{10.11648/j.ijsts.20190701.12,
author = {Dieu-Merci Akonkwa Nyamuhirwa and Jean-Baptiste Ntagoma Kushinganine},
title = {DR Congo Debt Sustainability: A Quinquennial Assessment},
journal = {International Journal of Science, Technology and Society},
volume = {7},
number = {1},
pages = {8-13},
doi = {10.11648/j.ijsts.20190701.12},
url = {https://doi.org/10.11648/j.ijsts.20190701.12},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijsts.20190701.12},
abstract = {The sustainability of the debt is an important pillar of a healthy economy, especially as it illustrates a country's ability to meet its debt obligations without recourse to debt relief or arrears. This paper analyzes the sustainability of DR Congolese public debt. It starts from the origin of the debt through the analysis of the situation after the completion point of the PPTE initiative to finally analyze the sustainability of the public debt and the risks it faces. Globally, it was noted that without the PPTE initiative, the DRC's external debt indicators would have exceeded the applicable thresholds: 30% of GDP, 100% of exports and 200% of revenues, but once they reach the completion point these ratios fell below the applicable thresholds: 24.4% of GDP, 42% of exports, and 124.3% of revenues.},
year = {2019}
}
TY - JOUR T1 - DR Congo Debt Sustainability: A Quinquennial Assessment AU - Dieu-Merci Akonkwa Nyamuhirwa AU - Jean-Baptiste Ntagoma Kushinganine Y1 - 2019/03/01 PY - 2019 N1 - https://doi.org/10.11648/j.ijsts.20190701.12 DO - 10.11648/j.ijsts.20190701.12 T2 - International Journal of Science, Technology and Society JF - International Journal of Science, Technology and Society JO - International Journal of Science, Technology and Society SP - 8 EP - 13 PB - Science Publishing Group SN - 2330-7420 UR - https://doi.org/10.11648/j.ijsts.20190701.12 AB - The sustainability of the debt is an important pillar of a healthy economy, especially as it illustrates a country's ability to meet its debt obligations without recourse to debt relief or arrears. This paper analyzes the sustainability of DR Congolese public debt. It starts from the origin of the debt through the analysis of the situation after the completion point of the PPTE initiative to finally analyze the sustainability of the public debt and the risks it faces. Globally, it was noted that without the PPTE initiative, the DRC's external debt indicators would have exceeded the applicable thresholds: 30% of GDP, 100% of exports and 200% of revenues, but once they reach the completion point these ratios fell below the applicable thresholds: 24.4% of GDP, 42% of exports, and 124.3% of revenues. VL - 7 IS - 1 ER -
Information
Email: