Democratic Republic of the Congo

Democratic Republic of the Congo: 2024 Article IV Consultation, Sixth Review Under the Extended Credit Facility Arrangement, Request for a Waiver of Nonobservance of Quantitative Performance Criterion, and Financing Assurances Review-Press Release; Staff

WASHINGTON, 15 July 2024 / PRN Africa / -- Summary:President Félix Tshisekedi was re-elected in December 2023 and a new Prime Minister was appointed on April 1, 2024, and the government on May 28. Meanwhile, the security situation in the East is deteriorating, exacerbating a humanitarian crisis that has displaced millions of people and amplifying the burden on public finances.

SOURCE International Monetary Fund (IMF)