News | Jean-Claude Masangu
| Congo Could Have Most of Debt Forgiven by June | |
VOA News - March 24, 2010 | |
 | President Joseph Kabila's moves to reform the economy and better spending control have the Democratic Republic of Congo on the verge of an historic deal that could see nearly $11 billion of debt slashed to just more than $2 billion. |
| Statement by IMF Managing Director Strauss-Kahn at the conclusion of his visit to the DRC | |
IMF - May 25, 2009 | |
 | I 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. |
