News
27 January 2020

IMF aid to Congo Republic on hold over Glencore, Trafigura impasse

In:
Oil & gas
Region:
Middle East & Africa

Talks to salvage a tentative $1.7 billion debt restructuring between Congo Republic and energy traders Glencore and Trafigura are stuck, sources said, jeopardising an International Monetary Fund bailout for the debt-hobbled nation.The IMF signed off in July on a $449 million, three-year lending...

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