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Chinese Mineral Deal Blocking Congo's IMF Debt Relief

VOA News - May 26, 2009

Joseph Kabila and Hu JintaoCongo's $9,000,000,000 mineral deal with China is holding up agreement with the International Monetary Fund on reducing its external debt. President Joseph Kabila's government wants the IMF to forgive much of its external debt. But the IMF says Congo's massive mineral deal with China could make that debt worse. So it is waiting for the results of a feasibility study next month before deciding on Congo debt relief.
Statement by IMF Managing Director Strauss-Kahn at the conclusion of his visit to the DRC

IMF - May 25, 2009

Dominique Strauss-KahnI welcomed President Kabila's agenda for tackling critical social and infrastructural needs, and which warrant increased public spending. Of course, such spending should take place within a clear debt sustainability framework "IMF staff are finalizing negotiations on a new program under the Poverty Reduction and Growth Facility, pending an outcome, consistent with debt sustainability, to the mining and infrastructure cooperation agreement between DRC and China.
IMF Managing Director Dominique Strauss-Khan meets with President Joseph Kabila

ACP - May 24, 2009

Dominique Strauss-Khan with Joseph Kabila in KinshasaThe economic future of the Democratic Republic of Congo was the main topic of discussion between President Joseph Kabila and the Managing Director of the International Monetary Fund (IMF), Dominique Strauss-Khan, on Sunday in Kinshasa.
Security Council delegation meets Congolese President, heads to Liberia

UN News - May 19, 2009

United Nations Security Council delegation in KinshasaA United Nations Security Council delegation on a week-long trip to Africa met today with President Joseph Kabila of the Democratic Republic of the Congo (DRC), a spokesperson for the world body said.
Security Council members depart on four-nation Africa visit

UN News - May 14, 2009

Un Security CouncilMembers of the United Nations Security Council will depart today on a week-long mission to Ethiopia, Rwanda, the Democratic Republic of the Congo (DRC) and Liberia, a spokesperson for the world body announced.
'Dozens killed' by Rwandan Hutu rebels

BBC News - May 13, 2009

Great Lakes - Kivu provincesDozens of people were killed in attacks over the weekend in the east of the Democratic Republic of Congo, UN agencies said citing local sources. The reports say local chiefs blamed the attacks on Rwandan Hutu rebels.
OECD says African Economic Growth Will be Cut by Half

VOA News - May 11, 2009

SADCFour African countries, the Seychelles, Democratic Republic of Congo, Angola and Chad, are expected to see their growth rates decline. South African growth is also expected to drop to 1.1 percent, dragging down other economies in the region. The Central African Republic will be hardest affected by the crisis, with only 0.2 percent growth expected.
Voter registration preparations underway

UNDP - May 5, 2009

Elections - CongoPreparations are underway for a large scale voter registration update that begins on June 7. With the support of UNDP and MONUC (the United Nations Organization Mission in the Democratic Republic of Congo), the Independent Electoral Commission (IEC) is conducting a pilot voter registration update, hoping to test the reliability of the equipment, software and registration kits.
UN blue helmets in DRC free 23 child soldiers

Xinhua - May 5, 2009

Congo child soldiersThe children had been recruited by the mainly Tutsi rebel militia, the National Congress for People's Defense (CNDP), before joining the FARDC during the accelerated integration process.
Top UN humanitarian official condemns new 'terror and upheaval'

UN News - April 30, 2009

Eastern Congo refugessThe top United Nations humanitarian official today condemned a resurgence of violence against civilians in the eastern Democratic Republic of the Congo (DRC), amid a series of offensives against a Rwandan militia group.



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