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Congo central bank lowers 2019 GDP growth forecast to 4.6%

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Naija247news, Nigeria
Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

KINSHASA (Reuters) – The Congolese central bank expects the economy to grow 4.6% in 2019, after revising down an earlier estimate of 5.1% during a policy meeting on Friday.

The new figure is more in line with a forecast from the International Monetary Fund, which expects growth this year of 4.3% because of lower copper and cobalt prices.

Reporting by Hereward Holland; Writing by Alessandra Prentice; Editing by Alex Richardson

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