International rating agency Moody's has assessed the credit situation of the Republic of Congo: the country's current liquidity crisis remains extremely severe, which also fully exposes the significant weakness in its economy's ability to withstand fluctuations in crude oil prices.
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However, if international oil prices continue to rise in the future, coupled with the implementation of the country’s own oil and gas production expansion plans, it will provide significant positive support for boosting its economic growth and increasing fiscal revenue.
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