DRC: World Bank gives $100 million for bills, salaries

The World Bank will give a $100 million emergency grant to help cash-strapped Democratic Republic of Congo pay essential bills and teachers' salaries, the Bank said on Friday. The World Bank proposed the emergency funds earlier this month after the country's mining sector was hit by the financial crisis and foreign reserves dwindled to just $36 million, down from more than $225 million last April.