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IMF Managing Director Dominique Strauss-Khan meets with President Joseph Kabila

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ACP - May 24, 2009
Dominique Strauss-Khan with Joseph Kabila in Kinshasa

The 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.
"He and I believe that there are many opportunities now that security has been restored, the situation is easier on that front," Strauss-Khan stated after the meeting, saying that "the time has come to move quickly. "

The head of the IMF also noted that the DRC and the IMF have made steps forward in their relationship, although threre are still issues to be resolved.

"I believe we can find a solution in the coming weeks," he reassured, before recognizing the existence of some technical issues that must be addressed before a deal can be reached..

The technical aspects to which he referred are related to the program of the IMF in the DRC, debt relief, foreign investments, and other related topics. Along the same lines, Mr. Strauss-Khan expressed the goal to reach an increase in foreign investments, particularly in mining sector, as well as a reduction of the foreign debt of the DRC.

"You need foreign investment and you need the fight against debt," he continued, adding that "the two are sometimes difficult to put in place at the same time." That is why we must work on it. I think it can be done. "

However, he was optimistic about the possibilities of resolving these problems. "I am ambitious. I think we can find these solutions, "he insisted.

In response to a question related to the deals concluded between the DRC and China, the Managing Director of the IMF noted that they are part of the foreign investments that the DRC needs.

Translated by CongoPlanet.com | Article in French


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