CAMEROON: China has agreed to restructure debt owed by the Republic of Congo – one of a series of preconditions sought by the International Monetary Fund (IMF) before it grants the debt-laden central African nation a bailout.
The restructuring was agreed April 29 at a meeting between a high-level Congo government delegation and officials in Beijing, Congolese government spokesman Thierry Moungalla said by phone from the capital, Brazzaville.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!