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Vol 57 No 8

Published 15th April 2016


Congo-Kinshasa

Ponyo plays banker

The Prime Minister has come within an ace of demolishing the fragile public confidence in the banking system

It's been a difficult three months for Prime Minister Augustin Matata Ponyo Mapon. Since his appointment three years ago, he has sought to build a reputation as a focused, high-achieving technocrat by promoting economic growth and a stable currency. However, though Congo-Kinshasa had one of Africa's strongest economies last year, with a growth rate of 7.7%, it is now showing the strain.

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