Frederic Cilins, 51, a French citizen, pleaded guilty today in the Southern District of New York to obstructing a federal criminal investigation into whether a mining company paid bribes to win lucrative mining rights in the Republic of Guinea.

The Department of Justice has seized approximately $500,000 in assets traceable to corruption proceeds accumulated by Chun Doo Hwan, the former president of the Republic of Korea. This seizure brings the total value of seized corruption proceeds of President Chun to more than $1.2 million.

Throughout its tumultuous four decades of rule, the Islamic Republic has shown remarkable longevity, despite regular predictions of its im- pending demise. However, the fact that it has largely failed to deliver on the promises of the 1979 revolution, above all democracy and social justice, continues to haunt its present and future. Iran’s post-revolutionary history…

Each Trade Policy Review consists of three parts: a report by the government under review, a report written independently by the WTO Secretariat, and the concluding remarks by the chair of the Trade Policy Review Body. A highlights section provides an overview of key trade facts. 15 to 20 new review titles are published each […]

Throughout its tumultuous four decades of rule, the Islamic Republic has shown remarkable longevity, despite regular predictions of its im- pending demise. However, the fact that it has largely failed to deliver on the promises of the 1979 revolution, above all democracy and social justice, continues to haunt its present and future. Iran’s post-revolutionary history…

In an exclusive interview with FRANCE 24 and RFI, the president of the Republic of Congo, Denis Sassou-Nguesso, discussed the Covid-19 pandemic in his country, as well as a controversial treatment developed in Madagascar that the Republic of Congo plans to use. He also talked about the economic consequences of the health crisis and asked for up to "$500 million" in aid from the IMF. Finally, he ruled out the release of two jailed political opponents, Jean-Marie Michel Mokoko and André Okombi Salissa, on health and humanitarian grounds.

Following the first meeting of the Inclusive Framework on BEPS in Kyoto, Japan, on 30 June-1 July and the regional meeting for Latin America and the Caribbean held in Montevideo, Uruguay, on 21-23 September, more countries and jurisdictions are joining the framework. On 14 October, the Inclusive Framework on BEPS welcomed Republic of Congo as its 87th member.

The Former Yugoslav Republic of Macedonia today signed the multilateral Convention on Mutual Administrative Assistance in Tax Matters, making it the 124th jurisdiction to join the world’s leading instrument for boosting transparency and combating cross-border tax evasion.

The Former Yugoslav Republic of Macedonia (FYROM) has become the 117th jurisdiction to join the Inclusive Framework on BEPS (“IF”).

Focused mainly on the Democratic Republic of the Congo, this report takes stock of 5 years of implementation of national and international programmes and initiatives designed to operationalise the recommendations of the OECD Due Diligence Guidance on Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas in the Great Lakes Region of Central Africa.

“I am deeply saddened to learn about the tragic deaths of Michael Sharp and Zaida Catalan, members of the UN Group of Experts on the Democratic Republic of the Congo (DRC). On behalf of my Organisation, I wish to convey our condolences to their families and colleagues from the UN and beyond, who had the pleasure of working with them."

This report presents an update of OECD policy advice in areas that are critical to China’s long-term economic performance and social development. They include food security, social safety nets, health reform, green growth, climate change and urbanisation.

The OECD Secretary-General, Mr. Angel Gurría, chaired several high-level panels; the OECD actively participated through a series of events, the launch of four new reports and by taking part in a number of workshops and seminars throughout the forum. ‌

Focused mainly on the Democratic Republic of the Congo, this report takes stock of 5 years of implementation of national and international programmes and initiatives designed to operationalise the recommendations of the OECD Due Diligence Guidance on Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas in the Great Lakes Region of Central Africa.

“I am deeply saddened to learn about the tragic deaths of Michael Sharp and Zaida Catalan, members of the UN Group of Experts on the Democratic Republic of the Congo (DRC). On behalf of my Organisation, I wish to convey our condolences to their families and colleagues from the UN and beyond, who had the pleasure of working with them."

Loans To Private Sector in Republic Of The Congo increased to 1023.60 XOF Billion in July from 1019.50 XOF Billion in June of 2014. Loans To Private Sector in Republic Of The Congo averaged 363.06 XOF Billion from 2005 until 2014, reaching an all time high of 1023.60 XOF Billion in July of 2014 and a record low of 77.20 XOF Billion in November of 2005. Loans To Private Sector in Republic Of The Congo is reported by the Central Bank of West African States (BCEAO). This page provides - Republic Of The Congo Loans To Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Temperature in Republic of the Congo decreased to 24.92 celsius in December from 25.19 celsius in November of 2015. Temperature in Republic of the Congo averaged 24.65 celsius from 1901 until 2015, reaching an all time high of 26.98 celsius in March of 1941 and a record low of 22.29 celsius in July of 1976. This page includes a chart with historical data for Republic of the Congo Average Temperature.

Precipitation in Republic of the Congo decreased to 138.69 mm in December from 227.50 mm in November of 2015. Precipitation in Republic of the Congo averaged 134.21 mm from 1901 until 2015, reaching an all time high of 285.84 mm in March of 1933 and a record low of 12.84 mm in July of 1958. This page includes a chart with historical data for Republic of the Congo Average Precipitation.

Republic of the Congo recorded a Current Account deficit of 531 CFA Franc Billion in 2014. Current Account in Republic of the Congo averaged -318.29 CFA Franc Billion from 1998 until 2014, reaching an all time high of 584.91 CFA Franc Billion in 2006 and a record low of -2162 CFA Franc Billion in 2013. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Republic of the Congo Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Republic Of The Congo decreased to 273 USD Million in 2018 from 372 USD Million in 2017. Military Expenditure in Republic Of The Congo averaged 170.71 USD Million from 1970 until 2018, reaching an all time high of 635 USD Million in 2014 and a record low of 43 USD Million in 1972.

The Social Security Rate For Employees in Republic of the Congo stands at 4 percent. Social Security Rate For Employees in Republic of the Congo averaged 3.90 percent from 2004 until 2019, reaching an all time high of 4 percent in 2005 and a record low of 2.40 percent in 2004. In Republic Of The Congo, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Republic Of The Congo because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Republic Of The Congo Social Security Rate For Employees- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Republic of the Congo is ranked 180 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Republic of the Congo remained unchanged at 180 in 2019 from 180 in 2018. Ease of Doing Business in Republic of the Congo averaged 179.67 from 2008 until 2019, reaching an all time high of 186 in 2012 and a record low of 174 in 2014. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Republic of the Congo.

Terrorism Index in Republic of the Congo decreased to 2.69 in 2018 from 3.37 in 2017. Terrorism Index in Republic of the Congo averaged 1.60 from 2002 until 2018, reaching an all time high of 4.04 in 2016 and a record low of 0 in 2008. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

The Gross Domestic Product per capita in Republic of the Congo was last recorded at 2651.70 US dollars in 2018. The GDP per Capita in Republic of the Congo is equivalent to 21 percent of the world's average. GDP per capita in Republic of the Congo averaged 2388.36 USD from 1960 until 2018, reaching an all time high of 3409.70 USD in 1984 and a record low of 1456.60 USD in 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Republic of the Congo GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Republic of the Congo scored 18 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Republic of the Congo averaged 21.41 Points from 2003 until 2019, reaching an all time high of 26 Points in 2012 and a record low of 18 Points in 2019. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Republic of the Congo Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Republic of the Congo is the 168 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Republic of the Congo averaged 148.59 from 2003 until 2019, reaching an all time high of 168 in 2019 and a record low of 113 in 2003. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Republic of the Congo Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Corporate Tax Rate in Republic of the Congo stands at 30 percent. Corporate Tax Rate in Republic of the Congo averaged 34.35 percent from 2004 until 2020, reaching an all time high of 38 percent in 2005 and a record low of 30 percent in 2015. In Republic Of The Congo, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Republic Of The Congo. This page provides - Republic Of The Congo Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Republic of the Congo increased to 10034000000 Thousand USD in 2018 from 6078000000 Thousand USD in 2017. Exports in Republic of the Congo averaged 2416661016.95 Thousand USD from 1960 until 2018, reaching an all time high of 11851000000 Thousand USD in 2011 and a record low of 18000000 Thousand USD in 1960. Republic of Congo main exports are oil (89 percent of total exports) followed by diamonds (4 percent) and timber (3 percent). Republic of Congo’s main export partners are China (26 percent of total exports) and United States (15 percent). Others include: France (11 percent), Angola (10 percent), Taiwan, India and Gabon. This page provides - Republic of the Congo Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Republic of the Congo recorded a trade surplus of 6564 USD Billion in 2018. Balance of Trade in Republic of the Congo averaged 1114.08 USD Billion from 1960 until 2018, reaching an all time high of 6844 USD Billion in 2011 and a record low of -1109 USD Billion in 2015. Republic of Congo has one of the largest oil reserves in sub-Saharan Africa. As a result, the country runs consistent trade surpluses. Republic of Congo also exports diamonds and timber. Main imports are: foodstuffs, machinery and clothing. Main trading partners are United States, Angola and France. This page provides - Republic of the Congo Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Republic of the Congo decreased to 3470000000 Thousand USD in 2018 from 3745000000 Thousand USD in 2017. Imports in Republic of the Congo averaged 1302576271.19 Thousand USD from 1960 until 2018, reaching an all time high of 6883000000 Thousand USD in 2014 and a record low of 59000000 Thousand USD in 1970. Republic of Congo main imports are: foodstuffs, fuel, textiles and machinery. Republic of Congo main import partners are: Angola (15 percent of total imports), France (13 percent) and Singapore (10 percent). Others include: Ivory Coast, Gabon, United Kingdom and United States. This page provides - Republic of the Congo Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Republic of the Congo remained unchanged at 10.40 percent in 2019 from 10.40 percent in 2018. Unemployment Rate in Republic of the Congo averaged 16.39 percent from 1991 until 2019, reaching an all time high of 20.60 percent in 1998 and a record low of 9.60 percent in 2014. In Republic of the Congo, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Republic of the Congo Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Republic of the Congo was worth 9.20 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Republic of the Congo represents 0.01 percent of the world economy. GDP in Republic of the Congo averaged 3.82 USD Billion from 1960 until 2019, reaching an all time high of 14.43 USD Billion in 2011 and a record low of 0.13 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Republic of the Congo GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Republic of the Congo was estimated at 5.5 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Republic of the Congo had a population of 1.0 million people. The population of Republic of the Congo represents 0.06 percent of the world´s total population which arguably means that one person in every 1684 people on the planet is a resident of Republic of the Congo. This page provides - Republic of the Congo Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Republic of the Congo was recorded at 1.10 percent in May of 2018. Inflation Rate in Republic of the Congo averaged 3.34 percent from 1994 until 2018, reaching an all time high of 42.40 percent in December of 1994 and a record low of -9.34 percent in January of 2001. In Republic of the Congo, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Republic of the Congo Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Republic of the Congo recorded a government debt equivalent to 15.70 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Republic of the Congo averaged 117.60 percent from 1990 until 2018, reaching an all time high of 270.18 percent in 1994 and a record low of 15.70 percent in 2018. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Republic of the Congo Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Republic of the Congo decreased to 310 BBL/D/1K in December from 320 BBL/D/1K in November of 2019. Crude Oil Production in Republic of the Congo averaged 260.59 BBL/D/1K from 1994 until 2019, reaching an all time high of 370 BBL/D/1K in January of 2018 and a record low of 153 BBL/D/1K in March of 1996. This page provides the latest reported value for - Republic Of The Congo Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Republic of the Congo expanded 2.20 percent in 2019 from the previous year. GDP Annual Growth Rate in Republic of the Congo averaged 4.04 percent from 1961 until 2019, reaching an all time high of 23.60 percent in 1982 and a record low of -8.95 percent in 1977. The Republic of Congo is a poor country with more than half of population living below the poverty line and relying on subsistence agriculture. Republic of Congo economy is heavily dominated by the oil industry, which accounts for 90 percent of exports and is a major source of government revenues. Despite being located in one of the most volatile regions in Africa, Republic of Congo has a democratic system and peace lasting for over a decade. On-going reforms on public sector backed by the IMF are expected to bring economic stability and address the country’s main economic challenges: youth unemployment, outdated infrastructure, bureaucracy, corruption and non-diversified industrial sector. This page provides - Republic of the Congo GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Republic of the Congo recorded a Government Budget deficit equal to 5.10 percent of the country's Gross Domestic Product in 2017. Government Budget in Republic of the Congo averaged -2.99 percent of GDP from 1990 until 2017, reaching an all time high of 1.20 percent of GDP in 2002 and a record low of -14.37 percent of GDP in 1991. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Republic of the Congo Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Republic of the Congo stands at B- with negative outlook. Moody's credit rating for Republic of the Congo was last set at Caa2 with stable outlook. Fitch's credit rating for Republic of the Congo was last reported at CCC with n/a outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Republic of the Congo thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Republic of the Congo as reported by major credit rating agencies.

Republic of the Congo recorded 274 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Republic of the Congo reported 10 Coronavirus Deaths. This page includes a chart with historical data for Republic of the Congo Coronavirus Cases.

Republic of the Congo recorded 10 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Republic of the Congo reported 274 Coronavirus Cases. This page includes a chart with historical data for Republic of the Congo Coronavirus Deaths.

Republic of the Congo recorded 33 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Republic of the Congo reported 10 Coronavirus Deaths. This page includes a chart with historical data for Republic of the Congo Coronavirus Recovered.

The Personal Income Tax Rate in Republic of the Congo stands at 40 percent. Personal Income Tax Rate in Republic of the Congo averaged 44.67 percent from 2006 until 2020, reaching an all time high of 50 percent in 2007 and a record low of 40 percent in 2016. In Republic Of The Congo, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Republic Of The Congo. This page provides - Republic Of The Congo Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Republic of the Congo was last recorded at 5024.10 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Republic of the Congo, when adjusted by Purchasing Power Parity is equivalent to 28 percent of the world's average. GDP per capita PPP in Republic of the Congo averaged 5010.73 USD from 1990 until 2018, reaching an all time high of 5702.20 USD in 2015 and a record low of 4421.40 USD in 1999. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides the latest reported value for - Republic of the Congo GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate For Companies in Republic of the Congo stands at 20.29 percent. Social Security Rate For Companies in Republic of the Congo averaged 21.14 percent from 2004 until 2019, reaching an all time high of 22.79 percent in 2011 and a record low of 17.89 percent in 2004. In Republic Of The Congo, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Republic Of The Congo because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Republic Of The Congo Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Republic of the Congo remained unchanged at 2.45 percent in 2017 from 2.45 percent in 2016. Deposit Interest Rate in Republic of the Congo averaged 5.45 percent from 1980 until 2017, reaching an all time high of 8.25 percent in 1985 and a record low of 2.45 percent in 2015. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Republic of the Congo.

The Sales Tax Rate in Republic of the Congo stands at 18.90 percent. Sales Tax Rate in Republic of the Congo averaged 18.26 percent from 2014 until 2020, reaching an all time high of 18.90 percent in 2019 and a record low of 18 percent in 2015. In Republic Of The Congo, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Republic Of The Congo. This page provides - Republic Of The Congo Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Republic of the Congo stands at 24.29 percent. Social Security Rate in Republic of the Congo averaged 25.33 percent from 2004 until 2019, reaching an all time high of 26.79 percent in 2005 and a record low of 21.89 percent in 2004. In Republic Of The Congo, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Republic Of The Congo because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Republic Of The Congo Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Republic of the Congo recorded a Current Account surplus of 8 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Republic of the Congo averaged -9.32 percent from 1978 until 2019, reaching an all time high of 20.13 percent in 2000 and a record low of -44.84 percent in 1994. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Republic of the Congo Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Republic of the Congo was last recorded at 3.25 percent. Interest Rate in Republic of the Congo averaged 3.40 percent from 2009 until 2020, reaching an all time high of 4.25 percent in July of 2009 and a record low of 2.45 percent in July of 2015. Republic of Congo is a member of the Economic and Monetary Community of Central Africa (CEMAC). In CEMAC, interest rates decisions are taken by the Central Bank of Central African States’ Monetary Policy Committee. The Central Bank of Central African States’ official rate is the prime lending rate. This page provides the latest reported value for - Republic of the Congo Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.