Region:
Middle Africa
Capital:
Kinshasa
Population:
54.8 million (2004
Surface
area: 2 344 858 square km
Currency:
Congolese Franc (CDF)
GDP
per capita: Purchasing power parity $700 (2004)
Background:
Established as a Belgian colony in 1908, the Democratic Republic
of the Congo gained its independence in 1960, but its early years
were marred by political and social instability. Col. Joseph MOBUTU
seized power and declared himself president in a November 1965 coup.
He subsequently changed the name of the country to Zaire.
MOBUTU retained
his position for 32 years. Ethnic strife and civil war, touched
off by a massive inflow of refugees in 1994 from fighting in Rwanda
and Burundi, led in May 1997 to the toppling of the MOBUTU regime
by a rebellion led by Laurent KABILA. He renamed the country the
Democratic Republic of the Congo (DRC). In August 1998, his regime
was challenged by an insurrection backed by Rwanda and Uganda.
A
cease-fire was signed in July 1999 but sporadic fighting continued.
Laurent KABILA was assassinated in January 2001 and his son, Joseph
KABILA, was named head of state. In October 2002, the new president
was successful in negotiating the withdrawal of Rwandan forces occupying
eastern Congo. Two months later, the Pretoria Accord was signed
by all the warring parties to end the fighting and establish a government
of national unity. A transitional government was set up in July
2003 with Joseph KABILA as president.
Economy:
The
economy of the Democratic Republic of the Congo - a nation endowed
with vast potential wealth - has declined drastically since the
mid-1980s. The war, which began in August 1998, dramatically reduced
national output and government revenue, increased external debt,
and resulted in the deaths of perhaps 3.5 million people from war,
famine, and disease. Foreign businesses curtailed operations due
to uncertainty about the outcome of the conflict, lack of infrastructure
and the difficult operating environment.
Conditions
improved in late 2002 with the withdrawal of a large portion of
the invading foreign troops. Several IMF and World Bank missions
have met with the government to help it develop a coherent economic
plan and President KABILA has begun implementing reforms. Much economic
activity lies outside the GDP data. Economic stability, aided by
international donors, improved in 2003-04. In 2005, renewed activity
in the mining sector, the source of most exports, could boost Kinshasa's
fiscal position and GDP growth.
Human
Development Index Ranking: 167 out of 177 in 2005
Total External Debt (2003): US $7.6 billion
United Nations membership date: 20 September 1960
New
York Mission:
Permanent
Mission of the Democratic Republic of Congo
866 United Nations Plaza, Suite 511
New York, N.Y. 10017
Tel: 1-212-319-8061
Fax: 1-212-319-8232
E-mail: drcongo@un.int
Sources:
CIA World Factbook, Central
Intelligence Agency
World Development Indicators, World
Bank
Organization for Economic Co-operation and
Development
Human Development Report 2005, United
Nations Development Programme
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