Democratic Republic of Congo

The Democratic Republic of Congo’s economy is a mixture of subsistence farming and hunting, an industrial sector based largely on oil and support services, and government spending.

Oil has supplanted forestry as the mainstay of the economy, providing a major share of government revenues and exports. Natural gas is increasingly being converted to electricity rather than being flared, greatly improving energy prospects. New mining projects, particularly iron ore, which entered production in late 2013, may add as much as $1 billion to annual government revenue.

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