Business and Technology Reporter in Nairobi, Kenya
Nation Media Group
The Democratic Republic of Congo (DRC) has received the second instalment of a $1.7 billion loan from the International Monetary Fund (IMF) under the Extended Credit Facility, totalling $261.9 million. This is the result of progress on financial reforms.
This followed Kinshasa meeting some of the deal's key requirements, including implementing a Treasury Single Account (TSA).
