Economics
Congo Republic Enlists Strauss-Kahn’s Help While Seeking IMF Bailout
- Central African nation has been seeking assistance since 2017
- Congo owes creditors including Glencore at least $9.14 billion
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The Republic of Congo sought the assistance of former International Monetary Fund Managing Director Dominique Strauss-Kahn as the debt-strapped nation’s bid to secure a bailout stretches into a third year.
Strauss-Kahn and Lazard France Chief Executive Officer Mathieu Pigasse traveled to the Congolese capital, Brazzaville, in January for talks with President Denis Sassou Nguesso, Finance Ministry spokesman Adrien Wayi Lewy said in an interview.