Economic woes await next Congo president

According to this article published Thursday 9 November by AFX, whoever emerges winner of Congo's recent presidential election will have a hard time wooing back citizens who have given up on institutions in favour of a giant shadow economy.

"The IMF refused to renew its backing of Congo's monetary policy in March, saying the country had not adequately reined in corruption or spending," the article says.

"Most agree its safer to hold American cash and convert it when needed," it says.

"Because so

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