Economics
Congo Targets 60% Budget Increase for 2020 to Fight Poverty
- Budget would be $2.8 billion higher than initial 2020 proposal
- Tshisekedi wants money to fund ambitious anti-poverty campaign
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Congolese President Felix Tshisekedi said his government wants to boost the country’s budget for next year by almost 60% to $10 billion, even though it isn’t clear how he would fund the increase.
The increase is meant to fight poverty, Tshisekedi, who assumed office in January, said in a speech on the outskirts of the capital, Kinshasa. A $10 billion budget is still “meager for the great Congo, but we will get there progressively,” he said.