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This was hoped to allow USD 5.4 million in grants to the developing countries under GCF. With this, UNDP received its first disbursement for eight countries in which the Republic of Congo was a beneficiary with Bangladesh, Central African Republic, Guinea, India, Liberia, Timor-Leste, and Swaziland under the USD1.35 million. [14]
The World Bank has an investment portfolio for the Democratic Republic of the Congo that includes 29 active projects totaling US$3.8 billion in association with the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). The portfolio is divided among ...
The economy of the Democratic Republic of the Congo declined drastically in the years leading up to and during the First and Second Congo Wars, [15] despite being home to vast potential in natural resources and mineral wealth; its gross domestic product is $69.474 billion as of 2023. During the last five reported years the exports of Democratic ...
Without their work, these facilities will likely run out of supplies, which is particularly concerning in areas like the Democratic Republic of the Congo, where the initiative covers much of the ...
The council is made up of 47 member states, including those with documented records of human rights violations, like Cuba, Russia, the Democratic Republic of the Congo, Eritrea, China and Qatar.
A report by the UN Group of Experts on the Democratic Republic of Congo, released in December, revealed that “at least 150 tons of coltan were fraudulently exported to Rwanda and mixed with ...
Child Soldiers in the Democratic Republic of Congo. It wasn't until the turn of the century that the IMF established its Poverty Reduction and Growth Facility (PRFG) loan arm. [6] This arm of the IMF was designed for states for which typical sorts of programs and conditionalities would simply be impractical.
The U.N. World Food Programme (WFP) was ordered by Washington to stop work on dozens of U.S.-funded grants, according to an email seen by Reuters, that was sent five days after Secretary of State ...