China agrees to reschedule Congo Republic's US$2.4 billion debt: Minister

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Chinese President Xi Jinping has agreed in principle to reschedule Congo Republic's debt, Congolese Finance Minister Rigobert Roger Andely said on ...

BRAZZAVILLE -Chinese President Xi Jinping has agreed in principle to reschedule Congo Republic's debt, Congolese Finance Minister Rigobert Roger Andely said on Monday , adding that the move would help unlock stalled International Monetary Fund lending.

"The debt is an obstacle to the conclusion and the continuation of relations with the IMF within the framework of the extended facility which was concluded in July 2019. That's the point that sometimes hurts our country," said Andely.

 

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