International Monetary Fund (IMF) Staff Reach Staff-Level Agreement with the Democratic Republic of the Congo on the Third Review Under the Extended Credit Facility
The Congolese authorities and the IMF team reached staff-level agreement on policies for the completion of the third review under the ECF arrangement
The IMF team reached staff-level agreement on the third review of the authorities’ economic reform program supported by the Extended Credit Facility (ECF) arrangement; Despite recurrent external shocks and increasing inflation, the post-covid recovery continues to build momentum, with 2022 growth expected at 6.6 percent; Amidst high uncertainty, prudent policies…