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.
Highlights
The sustainability of the debt is a subject that shakes and animates several authorities in the world
This has strengthened and nourished the need for intellectuals and organizations both national and international to analyze each fiscal year, or each year as is the case of DRC, the sustainability of the public debt. It is in this context that this work finds its interest and seeks to analyze the dynamics, the composition, the sustainability and the risk of the DR Congolese public debt. He addresses in turn the origin of Congolese RD debt; the initiative PPTE and completion point; the analysis of the public debt portfolio; the sustainability of the public debt and the risks related to the debt portfolio
The present work consisted of analyzing the sustainability of the DR Congolese public debt
Summary
The sustainability of the debt is a subject that shakes and animates several authorities in the world. In the eighties years many developing countries experienced unsustainable public debt situations, this is not the first time such a situation has been observed in the history of nations This has strengthened and nourished the need for intellectuals and organizations both national and international to analyze each fiscal year, or each year as is the case of DRC, the sustainability of the public debt. It is in this context that this work finds its interest and seeks to analyze the dynamics, the composition, the sustainability and the risk of the DR Congolese public debt. He addresses in turn the origin of Congolese RD debt (section 1); the initiative PPTE and completion point (section 2); the analysis of the public debt portfolio (section 3); the sustainability of the public debt (section 4) and the risks related to the debt portfolio (section 5)
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Science, Technology and Society
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
