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Coordinates: 3°S 24°E / 3°S 24°E / -3; 24

Evolution of GDP

The Ce

The Democratic Republic of Congo signed the UN treaty on the Prohibition of Nuclear Weapons.[134]

The Central Bank of the Congo is responsible for developing and maintaining the Congolese franc, which serves as the primary form of currency in the Democratic Republic of the Congo. In 2007, The World Bank decided to grant the Democratic Republic of Congo up to $1.3 billion in assistance funds over the following three years.[135] The Congolese government started negotiating membership in the Organization for the Harmonization of Business Law in Africa (OHADA), in 2009.[136]

The Democratic Republic of Congo is widely considered one of the world's richest countries in natural resources; its untapped deposits of raw minerals are estimated to be worth in excess of US$24 trillion.[137][138][139] The Congo has 70% of the world's coltan, a third of its cobalt, more than 30% of its diamond reserves, and a tenth of its copper.[140][141]

Despite such vast mineral wealth, the economy of the Democratic Republic of the Congo has declined drastically since the mid-1980s. The African country generated up to 70% of its export revenue from minerals in the 1970s and 1980s and was particularly hit when resource prices deteriorated at that time. By 2005, 90% of the DRC's revenues derived from its minerals (Exenberger and Hartmann 2007:10).[142] Congolese citizens are among the poorest people on Earth. DR Congo consistently has the lowest, or nearly the lowest, nominal GDP per capita in the world. The DRC is also one of the twenty lowest-ranked countries on the Corruption