The Republic of Congo's Ministry of Finance and Economy published a readout of the first 2025 meeting of the National Economic and Financial Committee (CNEF), summarising BEAC provisional assessments of domestic economic conditions and presenting an outlook that anticipates a rebound in real GDP growth to 4.4% in 2025. BEAC provisional data presented to the Committee points to 2024 growth of 0.9% (down from 1.9% in 2023) alongside average annual inflation of 3.1% (down from 4.3%), with the growth slowdown attributed to weaker oil-sector performance despite a strong non-oil sector. The outlook projects real GDP growth at 4.6% in 2026 and 5.2% in 2027. On financing conditions, deposits rose 8.5% to XAF 2,723.7 billion by end-December 2024, while gross credit to the economy fell 2.9% to XAF 1,587.6 billion and non-performing loans declined 2.2% to XAF 261.7 billion; outstanding Treasury Securities Market (MVT) issuance reached XAF 2,623.4 billion, up 15.43% year on year, with 76.21% in Assimilable Treasury Bonds (OTA). The Committee also noted the International Monetary Fund Executive Board’s approval of the sixth and final review of Congo’s 2022–2024 Extended Credit Facility-supported programme and reviewed BEAC’s subregional CEMAC projections of 3.0% growth and 4.5% inflation for 2024.
Ministry of Finance & Economy (Congo) 2025-03-21
Republic of Congo's Ministry of Finance and Economy publishes CNEF update forecasting 4.4% real GDP growth in 2025
The Republic of Congo's Ministry of Finance and Economy reported on the National Economic and Financial Committee meeting, highlighting BEAC's provisional assessments of economic conditions. The report anticipates a rebound in real GDP growth to 4.4% in 2025, with projections of 4.6% in 2026 and 5.2% in 2027. The Committee also noted the IMF's approval of the final review of Congo’s Extended Credit Facility-supported programme.