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IMF Approves US$551 Million Loan for the DRC


The Executive Board of the International Monetary Fund has approved a three-year, US$551.45 million arrangement for the Democratic Republic of the Congo under the Poverty Reduction and Growth Facility. The Executive Board also approved additional interim assistance of US$72.68 million under the enhanced Heavily Indebted Poor Countries Initiative to reduce the DRC’s debt service payments to the IMF. Full Story

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