Rich yet Poor: The Democratic Republic of the Congo

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Diamond mining in the Democratic Republic of Congo. File Photo © UNEP (2011)

If there’s one country that exemplifies the difficulty in transforming mineral wealth into inclusive growth, it’s the Democratic Republic of Congo; that's according to the International Monetary Fund (IMF).

The IMF’s latest annual economic assessment indicates while growth rates in the African country for 2014 were as high as 9.2 per cent, the poverty rate is still one of the worst in the world.

Bruce Edwards has been speaking to Norbert Toé, IMF mission chief for The Democratic Republic of the Congo.

Duration: 3’25″

Filed under Today's Features.
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