Kinshasa, April 18th, 2025 (CPA) – The macroeconomic indicators of the Democratic Republic of Congo (DRC) have been announced to be broadly in the green for the conclusion of the first review of the Extended Credit Facility (ECF) and the Resilience and Sustainability Facility (RSF) programs, recently concluded with the International Monetary Fund (IMF), according to a press release received by the CPA on Friday.
‘With regard to the 1st review of the two FEC-FRD programs recently concluded between the DRC and the IMF, the Political Troika has noted that all the indicators are practically in the green’, reads the communiqué from the Ministry of Finance.
According to the document, in terms of quantitative criteria, most of the commitments in monetary terms have been met. Only one criterion has not been met, due to the increase in security spending, justified by the war situation in the country.
According to the same source, the meeting between Congolese government and IMF officials focused on three major points: the DRC’s participation in the forthcoming Spring Meetings of the IMF and World Bank, the preparation of the first review of the ECF and DRF programmes concluded with the IMF, and developments in the economic situation. The press release also stated that an IMF mission will be in Kinshasa from April 29th to May 13th as part of this first review. ‘The Troika meeting showed that the level of implementation of the program is good, and that this review should go ahead without too many concerns’, said the source. On the economic front, the Troika, which includes the Ministries in charge of Finance, the Budget and the Economy, noted the continued stability of the national economy, controlled inflation and a relatively stable exchange rate, helping to maintain the confidence of technical and financial partners, it concluded. ACP/