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Congo to receive $142 million COVID-19 support

Congo to receive $142 million COVID-19 support

THE African Development Bank has approved $100 million of grants and a $42 million loan to the Democratic Republic of Congo to support its budget and help it to fight the COVID-19 pandemic, the country's finance minister has announced. The coronavirus has hit Congo's domestic revenue just as increased spending has applied significant pressure on foreign exchange reserves. - Thomson Reuters Foundation.
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