IMF to study Congo's China deal before any accord
05.07.2008
The IMF said on Tuesday it needed to evaluate the impact on Democratic Republic of Congo's economy of a huge recent Chinese loan and investment deal before it could conclude a formal accord with the African state. The International Monetary Fund's country representative for Congo, Xavier Maret, said the $9 billion mining and infrastructure partnership with China signed by Kinshasa this year had raised questions about Congo's level of indebtedness.