Republic of Congo

IMF and World Bank Announce Debt Relief to the Republic of Congo

Press Release No. 10/20
January 28, 2010

The International Monetary Fund (IMF) and the World Bank's International Development Association (IDA) have agreed to support US$1.9 billion in debt relief for the Republic of Congo, which includes US$255.2 million of debt relief from the two institutions.

Massive refugee influx from DR Congo straining neighbours’ resources

12 January 2010 – A massive influx of 125,000 refugees from the Democratic Republic of the Congo (DRC) into neighbouring Republic of Congo (ROC) and Central African Republic (CAR) after deadly ethnic clashes is severely stretching the meagre resources of the impoverished region, the United Nations refugee agency reported today.

“There is an acute need for formal refugee sites to be established in both CAR and ROC, as the majority of the DRC refugees occupy public buildings and spaces,” UN High Commissioner for Refugees (UNHCR) spokesman Andrej Mahecic told a news briefing in Geneva, warning that the influx could lead to tensions with the local community.

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