Simon Ateba is Chief White House Correspondent for Today News Africa. Simon covers President Joe Biden, Vice President Kamala Harris, the U.S. government, the United Nations, the International Monetary Fund, the World Bank and other financial and international institutions in Washington D.C. and New York City.
The International Monetary Fund (IMF) on Tuesday raised concerns over spending pressures and ‘lackluster’ revenue performance in the Democratic Republic of the Congo (DRC), saying they have led to central bank advances to the government and an erosion of Banque Centrale du Congo (BCC) international reserves.