IMF resumes lending to DR Congo

0
105

The International Monetary Fund IMF has approved the release of about $368m to the Democratic Republic of Congo.

It’s the IMF’s first resumption of lending to the country since 2012.

The IMF had previously suspended a loan programme as the government failed to provide sufficient details about the sale of state mining assets.

President Félix Tshisekedi has sought to mend frayed relations with foreign donors since taking office in January.

 

Dominica Nwabufo