On Feb. 3, 2017, S&P Global Ratings affirmed its 'B-/B' long- and short-term foreign and local currency sovereign credit ratings on the Democratic Republic of Congo (DR Congo). The outlook remains negative.
OVERVIEW
At less than US$400, Democratic Republic of Congo's (DR Congo's) per capita GDP is the second lowest of all sovereigns rated by S&P Global Ratings.
DR Congo, in our view, continues to be highly exposed to external and fiscal vulnerabilities.
We are affirming our 'B-/B' long- and short-term ratings on DR Congo.
The negative outlook reflects risks of institutional and economic disruption due to political tensions ahead of the presidential elections, recently postponed until end-2017.
