Republic of Congo Seeks New IMF Program as Debt Stays High and Growth Low

1 articles · Updated · Bloomberg · May 11

Republic of Congo formally asked the IMF to open talks on a new funding program, according to the Finance Ministry on Monday.
The request is aimed at addressing two linked pressures — high debt and weak economic growth — that continue to weigh on the central African country.
Any new arrangement would mark a fresh round of support discussions with the Washington-based lender as Congo looks for financing and policy backing.

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