...Institutional and economic profile Flexibility and performance profile + High economic concentration in the oil sector, weak institutions, and a difficult business environment will continue to weigh on economic prospects. + The upcoming presidential elections may lead to domestic tension. + In the coming years, non-oil growth should expand, but this will hinge on authorities' steadfast implementation of reform plans; despite progress, such growth will remain constrained by a difficult business environment, in our view. + Without new discoveries, we currently expect oil production will peak in 2022-2023, weighing on the country's economic performance thereafter. + External and fiscal pressures should decline in the coming years, but vulnerabilities remain high and financing options limited in the short term + In recent years, public debt has increased significantly, while asset buffers have diminished. + However, Congo-Brazzaville's membership of the Economic Community of Central African...
