The International Monetary Fund (IMF) has announced that it has approved $455 million in financing for the Republic of Congo.

The financing is part of a 3-year extended credit facility (ECF) agreement signed with the country. It aims to help the country maintain macroeconomic stability while supporting post-Covid-19 economic recovery, and reduce debt vulnerabilities while accelerating social spending and infrastructure investments.

For more information, please see https://www.ecofinagency.com/public-management/2501-43353-congo-gets-455mln-imf-financing-under-ecf-arrangement