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· The IMF’s Executive Director for Africa, Aivo Andrianarivelo, visited the Republic of Congo from July 3 to 8 with a delegation.
· The visiting team also met with Prime Minister Anatole Collinet Makosso.
· The last IMF assessment in Congo was on February 21, 2021, and the Central African nation signed a three-year economic cooperation agreement with the Fund in July 2019.
The International Monetary Fund’s Executive Director for Africa, Aivo Andrianarivelo, visited the Republic of Congo from July 3 to 8 with a delegation to hold talks with the new Congolese government and assess its economic situation with a view to a credit agreement. The visiting team also met with Prime Minister Anatole Collinet Makosso.
The IMF team stated it would continue to engage with the people of the Republic of Congo to gather their feedback and consider their perceptions when designing programs for the country. The team also indicated that the exchanges had been fruitful. They added that they needed to study the situation in light of the resumption of the three-year program.
The last IMF assessment in Congo was on February 21, 2021, and the Central African nation signed a three-year economic cooperation agreement with the Fund in July 2019. Congolese authorities hope to secure an agreement under the Extended Credit Facility.
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· Former doctor and independent public health official Brahim Boughali becomes president of Algeria’s 407-seat lower house, securing 295 votes.
· The new parliament took office following the June 12 elections, which were marked by boycott calls from the mass protest movement Hirak.
· His closest rival, 57-year-old Ahmed Sadok from the Islamist MSP party, received only 87 votes.
Former doctor and independent public health official Brahim Boughali has become president of Algeria’s 407-seat lower house, securing 295 votes. The new parliament took office following the June 12 elections, which were marked by boycott calls from the mass protest movement Hirak. His closest rival, 57-year-old Ahmed Sadok from the Islamist MSP party, received only 87 votes.
The National Liberation Front (FLN), which ruled Algeria for decades under a one-party system after independence from France in 1962, won the elections on a reduced scale. Its majority was reduced, and it now holds 98 seats, while independents hold 84 and the MSP holds 65.
Following the abandonment of a quota system, there are only 35 women in the new legislature. Restoring trust between the people and the government is one of the main challenges for the FLN party.