IMF flags Congo debt risk amid fresh borrowing

• Congo raised $74 million in short-term Treasury bills amid fiscal and liquidity challenges
• The IMF has flagged Congo’s mounting debt rollover risk as potential threats to financial stability

BRAZZAVILLE – The Republic of Congo raised FCFA 45 billion ($74 million) on July 22 through the sale of short-term Treasury bills, as the country intensifies its reliance on the regional public securities market to manage pressing fiscal and liquidity constraints.