DRC: IMF worried over China's $5 bln loan to Congo
11.10.2007
The International Monetary Fund has warned Congo to beware of the macroeconomic effects of a planned $5 billion loan from China to modernise the vast African country's decrepit infrastructure and mining industry. President Joseph Kabila's government announced plans last month for the huge loan from China, which would be paid back partly in mining concessions and tolls from road and railways.