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Belgium to resume development aid payments

    NAIROBI
    Formal resumption of bilateral development aid from Belgium to the Democratic Republic of the Congo (DRC) will be announced during the upcoming visit of Belgian Prime Minister Guy Verhofstadt to Kinshasa on 30 June, the Belgian newspaper ‘De Standaard’ reported on Friday. Belgian bilateral development aid to the DRC has been suspended since 1990. The paper quoted a government memorandum as stating that the DRC was suffering from an acute shortage of funds and was therefore seeking the assistance of Belgium, as the IMF was unable to issue new loans until the start of 2002. Structural forms of financial cooperation, however, will not be considered until after the commencement of the “inter-Congolese dialogue and the reconstruction of the Congolese administration”, the paper noted.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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