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IMF board approves $203 million disbursement to Democratic Republic of Congo

Congo has a three-year, $1.5 billion extended credit facility programme with the lender agreed last year, to help meet financing needs associated with the coronavirus pandemic.

“Progress under the program remains satisfactory,” the IMF said in a statement. “This disbursement will help reinforce international reserves, given downside risks to the domestic and global economy outlook.”


Source: Economy - investing.com

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