MORE EXPLOITATION OF RESOURCE IN AFRICA IN THE NAME OF LOW INCOME COUNTRIES

The International Monetary Fund (IMF) Executive Board has approved the disbursement of approximately 43 million dollars to the Congolese government under the extended credit facility initiated in 2022. This approval comes after four reviews of the three-year program, highlighting the economic effectiveness of the structural reforms implemented.According to Alphonse Ndongo, an economic journalist, "The International Monetary Fund, contrary to popular belief, does not give us money to carry out our development. The IMF helps improve the quality of our financial credibility. This means that we become credible, and when you are credible, you can then raise the funds you need on the international financial market. Congo is above the community standard of 3%; Congo's inflation is at 3.7%, indicating an improvement at the macroeconomic level."