November 11, 2019 / 9:48 AM / a month ago

Congo central bank lowers 2019 GDP growth forecast to 4.6%

KINSHASA (Reuters) - The Congolese central bank expects the economy to grow 4.6% in 2019, after revising down an earlier estimate of 5.1% during a policy meeting on Friday.

The new figure is more in line with a forecast from the International Monetary Fund, which expects growth this year of 4.3% because of lower copper and cobalt prices.

Reporting by Hereward Holland; Writing by Alessandra Prentice; Editing by Alex Richardson

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