Business Outlook Africa

IMF Unlocks US$348.5 Million for DR Congo as Executive Board Completes ECF and RSF Reviews

The Executive Board of the International Monetary Fund (IMF) has completed the third review under the Extended Credit Facility (ECF) Arrangement and the second review under the Resilience and Sustainability Facility (RSF) Arrangement for the Democratic Republic of the Congo (DRC), unlocking new disbursements totalling approximately US$348.5 million.

The completion of the third ECF review allowed for a disbursement equivalent to 190.4 million SDR approximately US$258.2 million bringing total ECF disbursements to date to 761.3 million SDR, or about US$1.03 billion.

The completion of the second RSF review additionally unlocked a disbursement of 66.6 million SDR approximately US$90.3 million.

A look at the economic indicators show Inflation declining sharply following the October 2025 appreciation of the Congolese franc, standing at 2.5 percent at end-April 2026.

The external sector also strengthened in 2025 and is expected to continue improving, supported by strong mining exports, a narrower current account deficit, and continued reserve accumulation.

Programme performance under the ECF was described as broadly satisfactory, with most quantitative targets met and structural reforms progressing well.

About The Author

Spread the love

Leave a Comment

Your email address will not be published. Required fields are marked *