Expected, according to the National Economic and Financial Committee at -1.5% in 2022 against -6.2% in 2020, the economic growth projection impacted since 2014 by the fall in the price of a barrel of oil constitutes a challenge to emerge from the slump. accentuated by the covid-19 pandemic.
Growth being one of the priorities of the discussions initiated with the International Monetary Fund, within the framework of the Extended Credit Facility, its rebound, although below the forecasts of the Economic and Monetary Community of Central Africa (Cémac), i.e. 3.7% in 2022, should encourage the revival of economic activity.
At the social level, this increase would also make it possible to solve basic social problems, in particular urban planning. In this perspective, the implementation of the precarious neighborhood restructuring project, currently underway in Brazzaville and Pointe-Noire, already seems to be giving satisfaction to the beneficiary population.
On the economic level, this improvement following the adoption of a budgetary policy supported by the reforms instituted within CEMAC will have the impact of reviving the private sector which, since the onset of the double financial and health crisis, is still struggling. to come out of the abyss.
Even if he still too early to confirm this return to growth, given the economic situation at the international level, it is however urgent to invest, as set out in the new National Development Program, in the buoyant non-oil sectors capable of sustaining the national economy. Such an option would take the Congo out of its heavy dependence on oil, particularly with the observed rise in the price of a barrel at the world level.
