The World Bank projects the Republic of Congo’s economy to grow by 4.4% in 2026 as higher oil prices strengthen public finances.
However, the institution warns that the gains could be temporary.
The 13th Edition of the World Bank’s annual Economic Update on the Republic, released on Tuesday, said the current oil windfall provided an opportunity to clear domestic arrears, improve debt management, and support more inclusive growth.
The Bank called for stronger debt and cash-flow management, tighter fiscal discipline and reforms preventing the re-emergence of arrears.
The Report said reducing existing arrears and preventing new ones could restore private-sector confidence and ease liquidity constraints affecting businesses.
The Bank concluded, saying, public financial management reforms and economic diversification were essential to ensuring that increased oil revenue produced lasting improvements in livelihoods and economic opportunities.
–ChannelAfrica–
