The price of this business forecast report covers 4 quarterly reports on this country. This quarterly report will be downloadable instantly as a PDF document, with the 3 remaining reports delivered at regular intervals throughout the year.
Despite increasing inflation, a difficult business environment, and an unstable political situation, BMI is predicting solid GDP growth for the Democratic Republic of the Congo (DRC). This prediction rests almost solely on the shoulders of a mining sector that is rapidly expanding to keep up with global demand.
The business environment in the DRC, already one of the world's most challenging markets, will deteriorate in 2012. Vast mineral resources will continue to attract investors, but a variety of Congolese and foreign laws and regulations will add significant burdens to businesses operating in the country. The country's opaque legal system will also harm the investment climate.Major Forecast Changes
BMI has slightly downgraded out 2012 real GDP growth from 6.2% to 6.1%, while upgrading the 2013 forecast to 7.0% from 6.4%. The 2013 upgrade represents an increase in fixed capital investment in the mining sector.Key Risk To Outlook
Dependence on the mining sector leaves the country vulnerable to swings in commodity prices and therefore a significant slowdown in China, India or the developed states could have a significant effect on the economy. Violence and lawlessness are real risks, particularly in the east of the country. Land disputes and ethnic rivalries remain at the heart of the country's simmering conflicts.
Click for Report details:Democratic Republic of Congo Business Forecast Report Q2 2012