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IMF approves $43 million to Congo to strengthen economy
9:18 CAT | 21 Jul 2023
File photo: Reuters
The International Monetary Fund’s executive board on Wednesday approved $43 million in economic relief to the Democratic Republic of Congo.
The IMF said the funds would help political leaders in Congo “implement their development policies, maintain macroeconomic stability and strengthen economic recovery amid high food inflation, lower oil prices and tightening financial conditions.”
The spokesman for one of Congo’s main opposition parties was shot dead on Thursday, authorities said, raising tensions ahead of national elections in December.
Source: Reuters
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