On February 19, 2025, Democratic Republic of Congo (DRC) Finance Minister Doudou Fwamba Likunde Li-Botayi met with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), to discuss the implementation of the Extended Credit Facility (ECF) and Resilience and Sustainability Facility (RSF) programs.
The meeting took place against the backdrop of escalating tensions in the country’s eastern region, highlighting the critical link between economic stability and national security. Minister Li-Botayi acknowledged the ongoing security and humanitarian crises but reaffirmed the government’s commitment to structural reforms aimed at strengthening fiscal discipline and enhancing transparency in public finances. These efforts are designed to bolster international confidence and stabilize the macroeconomic environment.
Georgieva praised the DRC’s progress in controlling inflation and improving coordination between monetary and fiscal policies. She emphasized the need for continued fiscal discipline while ensuring strategic public investments that drive sustainable growth and economic transformation.
The DRC faces the challenge of balancing stability with inclusive growth. Key priorities include economic diversification, industrialization, and infrastructure modernization—essential elements for long-term economic resilience. With IMF support and strong political will, the country has an opportunity to build an economic model capable of withstanding both internal and external shocks.
Georgieva also expressed solidarity with those affected by the ongoing crisis, stressing that political and social stability are vital for economic progress. By embracing sound economic governance, the DRC aims to turn current challenges into opportunities for institutional strengthening and value creation. Experts agree that structural transformation is crucial to achieving long-term, inclusive prosperity.
