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World Bank Readies $5 billion for Congo, With Conditions

  • Funding could include $1.5 billion of budget support
  • Congo will need to increase revenue and improve governance
People sit around a disused fountain in the business district of Kinshasa, Democratic Republic of the Congo.

People sit around a disused fountain in the business district of Kinshasa, Democratic Republic of the Congo.

Photographer: John Wessels/Bloomberg
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The World Bank could provide as much as $5 billion to Democratic Republic of Congo over the next five years if its new government commits to raising more revenue, fighting corruption and opening up its economy.