Congo. The World Bank and the International Monetary Fund (IMF) granted Congo a $ 1.9 billion debt write-off in accordance with the program to support the world’s poorest and most indebted states. The two institutions said that the country fulfilled its obligations in the fight against poverty, the creation of macroeconomic stability, the management of the state’s finances and the oil sector, managed its debt repayments and implemented reforms in the health and education sectors.
According to COUNTRYAAH, Republic of the Congo has a population of 5.244 million (2018). Congo, which has experienced many years of civil war and armed unrest, is now helping other African countries to train soldiers for peacekeeping operations on the continent. The first 30 soldiers from 16 sub-Saharan countries were enrolled when the first semester began in October. The school has been started with financial support from France.
A French court decided in November to approve a lawsuit filed by Transparency International (TI) against President Denis Sassou-Nguesso. Prosecutors will investigate whether – as TI claims – he has transferred large sums of state money to private bank accounts in France.