{"id":473369,"date":"2021-08-11T12:35:48","date_gmt":"2021-08-11T12:35:48","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=473369"},"modified":"2021-08-11T12:35:48","modified_gmt":"2021-08-11T12:35:48","slug":"drc-imf-approves-signature-of-three-year-program","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/08\/11\/drc-imf-approves-signature-of-three-year-program\/","title":{"rendered":"DRC: IMF approves signature of three-year program"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The IMF&#8217;s board has approved the signing of the program with the DRC. This three-year program includes reforms and conditionalities to allow the disbursement of one and a half billion dollars.<br \/>\nIt should be noted already last May The IMF team reached an agreement at the service level for a three-year program to help the country support the recovery from the pandemic, to preserve macroeconomic stability and to revive the momentum of reforms to stimulate sustainable and inclusive growth.<\/p>\n<p>Before the conclusion on July 15, 2021, the Board of Directors of the International Monetary Fund (IMF), had conditioned on the Congolese government,<br \/>\nto meet certain prerequisites. Among other prerequisites, the IMF demanded that the Board of Directors of the Central Bank be renewed. Similarly, other members of the BCC&#8217;s Board of Directors should be appointed before the program is approved by the IMF board. All these prerequisites have been met.<br \/>\nIt is with this in mind that Malangu Kabedi Mbuyi was appointed head of the Central Bank of Congo (BCC) as<br \/>\nGovernor. She is assisted by two new assistants.<\/p>\n<p>These appointments, which meet the requirements of Law 018 on the functioning and organization of the BCC, which devotes to the latter an independence vis-\u00e0-vis political institutions, in particular the presidency, enabled the IMF&#8217;s board of directors to approve this July 15th.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The IMF&#8217;s board has approved the signing of the program with the DRC. This three-year program includes reforms and conditionalities to allow the disbursement of one and a half billion dollars. It should be noted already last May The IMF team reached an agreement at the service level for a three-year program to help the<\/p>\n","protected":false},"author":536282,"featured_media":473370,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12040,12046],"tags":[14922,12100,4090,19017],"class_list":{"0":"post-473369","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-international-institutions","8":"category-leaders-en","9":"tag-drc","10":"tag-imf-en","11":"tag-signature","12":"tag-three-year-program","13":"post_format-post-format-aside","14":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>DRC: IMF approves signature of three-year program - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2021\/08\/11\/drc-imf-approves-signature-of-three-year-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DRC: IMF approves signature of three-year program\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2021\/08\/11\/drc-imf-approves-signature-of-three-year-program\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-11T12:35:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2021\/08\/felix-et-FMI.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"393\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Albert Savana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Albert Savana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/11\\\/drc-imf-approves-signature-of-three-year-program\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/11\\\/drc-imf-approves-signature-of-three-year-program\\\/\"},\"author\":{\"name\":\"Albert Savana\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/12e2e10e56f65df0540cb842b7b0ce22\"},\"headline\":\"DRC: IMF approves signature of three-year program\",\"datePublished\":\"2021-08-11T12:35:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/11\\\/drc-imf-approves-signature-of-three-year-program\\\/\"},\"wordCount\":229,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/11\\\/drc-imf-approves-signature-of-three-year-program\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/felix-et-FMI.jpg\",\"keywords\":[\"DRC\",\"IMF\",\"Signature\",\"three-year program\"],\"articleSection\":[\"International Institutions\",\"Leaders\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/11\\\/drc-imf-approves-signature-of-three-year-program\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/11\\\/drc-imf-approves-signature-of-three-year-program\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/11\\\/drc-imf-approves-signature-of-three-year-program\\\/\",\"name\":\"DRC: IMF approves signature of three-year program - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/11\\\/drc-imf-approves-signature-of-three-year-program\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/11\\\/drc-imf-approves-signature-of-three-year-program\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/felix-et-FMI.jpg\",\"datePublished\":\"2021-08-11T12:35:48+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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