Saturday, November 19, 2011

5. About the future prospects of the congo

The congo Rain forrest is more then just a rain forrest. There are many inhabitants to the region and is run as its own economy. Therefor the future of the region can easily rested upon the shoulders of the people who run it. Many factors hold the congo back from advancing further into society as an elite nation. Nationsencyclopedia.com had this to say about the topic at hand."One of the major impediments to improvements to the Congo's economy is the service on the Congo's external debt. The Congo is one of Africa's most indebted countries, with its foreign debt totaling about 250 percent of its GDP. As a result, too large a share of the government's revenues goes to servicing that debt and very little remains for building infrastructure and maintaining the social services of the country. To solve this problem, the International Monetary Fund agreed to an Interim Post-Conflict Reconstruction and Rehabilitation Program which provides for debt relief based on the Congo's implementation of economic reforms (Encyclopedia of Nations 2011)"
So as you can see the congo is a nation that could have a lot of power but its debt is holding it back. Also there is a lot of military impediments as well.


http://www.nationsencyclopedia.com/economies/Africa/Congo-Republic-of-The-FUTURE-TRENDS.html

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