Republic of Congo has requested talks with the International Monetary Fund (IMF) on a new financing programme and a technical mission is expected to \u200carrive in the Central African country in the coming weeks, its Finance Ministry said this Monday.<\/p>\n
<\/p>\n
Reuters<\/em> reported in April that Congo had told investors it had formally requested a fresh IMF programme. Congo completed its most recent loan programme in \u2060March 2025. The Fund disbursed some 324 million IMF Special Drawing Rights over three years, around $430 million at the time.<\/p>\n <\/p>\n The talks with the technical mission will aim to set out the parameters of a new programme tailored to the oil producer’s economic priorities, the Finance Ministry statement said.<\/p>\n <\/p>\n President Denis Sassou Nguesso won a tightly controlled election in March, securing more than 94% \u200cof \u2060the vote to extend his nearly 42 years in power.<\/p>\n <\/p>\n His government’s development plan includes consolidating peace and diversifying the economy, the Ministry statement said.<\/p>\n <\/p>\n The government is committed to carrying out necessary reforms to promote \u2060inclusive growth and expand employment opportunities, it said.<\/p>\n <\/p>\n The IMF did not immediately respond to a request for comment. It said in an assessment \u2060in April that Congo’s economic performance and outlook remained fragile:<\/p>\n <\/p>\n “2025 growth remained well below potential as weak public investment and \u2060energy supply disruptions weighed on the non-hydrocarbon sector, and medium-term growth prospects have softened for similar reasons.”<\/p>\n <\/p>\n –Reuters–<\/p>\n","protected":false},"featured_media":34269,"template":"","meta":{"_acf_changed":false},"news-type":[26],"class_list":["post-34268","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-general_news","entry"],"acf":{"short_description":"Republic of Congo has requested talks with the International Monetary Fund","published_date":"2026-05-11 19:33:01","news_description":"Republic of Congo has requested talks with the International Monetary Fund","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/34268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/34268\/revisions"}],"predecessor-version":[{"id":34270,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/34268\/revisions\/34270"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/34269"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=34268"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=34268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}