DRC Finance Minister Discusses Economic Stability with IMF Managing Director
On February 19, 2025, DRC Finance Minister Doudou Fwamba Likunde Li-Botayi met with IMF Managing Director Kristalina Georgieva to discuss the implementation of the Extended Credit Facility (ECF) and Resilience and Sustainability Facility (RSF) programs.
This meeting, held amid rising tensions in the country’s east, underscores the close link between economic progress and national stability.
Minister Li-Botayi acknowledged the ongoing security and humanitarian challenges in the East but reiterated the Congolese Government’s commitment to structural reforms.
These reforms focus on strengthening fiscal discipline and enhancing transparency in public finances, which aim to build international donor confidence and stabilize the country’s macroeconomic environment.
Ms. Georgieva commended the government’s efforts to control inflation and improve coordination between monetary and fiscal policies.
She emphasized the importance of maintaining fiscal discipline while also prioritizing strategic public investments that can drive growth and transformation.
The key challenge for the DRC is balancing economic stability with inclusive growth. Economic diversification, industrialization, and infrastructure modernization are essential for the country’s sustainable economic transformation.
With IMF support and strong political will, the DRC has the opportunity to establish an economic model resilient to both internal and external challenges.
Georgieva also expressed solidarity with those affected by the ongoing crisis, stressing that political and social stability are integral to achieving economic stability and accelerating development.
In adopting rigorous economic governance, the DRC aims to turn current challenges into opportunities for institutional strengthening and value creation. Experts agree that structural economic transformation is crucial for long-term, inclusive prosperity.