The Democratic Republic of Congo’s Council of Ministers will send parliament a draft budget for 2021 of 14.25 trillion Congolese francs ($7.2 billion), according to minutes of its meeting Friday in the capital, Kinshasa.
The government worked with the International Monetary Fund on the budget as it looks to begin a formal loan program with the IMF next year, according to the minutes.
However, IMF has claimed that $10 Billion Congo Budget Unrealistic as Mining Slows. There are also suggestions that the country should cut the budget by 35 percent.