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News | Jean-Claude Masangu


DR Congo growth above 7 percent in 2010 - IMF

International Monetary Fund - September 3, 2011

IMF - Congo"Macroeconomic performance was strong in 2010. Real gross domestic product (GDP) growth was above 7 percent, inflation fell to below 10 percent for the first time in several years, and the external position improved," says the International Monetary Fund.
Congo Could Have Most of Debt Forgiven by June

VOA News - March 24, 2010

IMF - CongoPresident 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

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.



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