Fatshimetrie looked at the recent discussions on the second Extended Credit Facility program, chaired by the Minister of Finance, Doudou Fwamba Likunde Li-Botayi. This strategic initiative, launched on Thursday, October 31, 2024, opens new perspectives for the Congolese economy.
Doudou Fwamba Likunde Li-Botayi has clearly established a new economic vision for the DRC, emphasizing tangible results and a pragmatic approach. This new program stands out for its orientation towards social investments, thus reflecting the government’s desire to promote inclusive development.
The financial envelope envisaged, which could reach up to 2.5 billion US dollars, will be allocated to essential projects such as the extension of Universal Health Coverage, free secondary education, infrastructure to facilitate the mobility of people and goods, as well as the development of sustainable agriculture on available land.
The objective of these projects is clear: to ensure sustainable economic and social development, thus improving the quality of life of the Congolese. The discussions led by the Minister of Finance during this meeting show a serious consideration of the challenges and opportunities facing the DRC.
Calixte Ahokposi, Head of Mission, stressed the importance of this negotiation for the development of a new economic and financial program, also emphasizing the need to support efforts to combat climate change in the DRC. This negotiation mission, which is expected to last approximately two weeks, aims to define ambitious objectives for the country’s economic future.
Participants in this meeting included important figures such as Mrs. Kabedi Mulangu, Governor of the Central Bank of Congo, Minister of State for the Budget Aimé Boji Sangara, Vice-Minister of Finance Oneige N’Sele, as well as IMF experts and representatives of the Congolese government.
In short, these discussions mark a crucial step in the redefinition of the DRC’s economic policy, highlighting the government’s determination to promote sustainable and inclusive development for the well-being of all Congolese.