Why Felix Tshisekedi upset the World Bank – Jeune Afrique

2023-05-16 18:59:35

It is a decision that could not but displease the Washington institution. The World Bank (WB) has indeed learned in the Congolese press that the Social Fund for the RDC (FSRDC) had been dissolved and put into liquidation by Félix Tshisekedi. The entity, created by decree in 2002, is financed by international partners, including the World Bank, with the aim of implementing development projects.

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According to a presidential order broadcast in early May on the Congolese National Radio-Television (RTNC), all assets tangible and intangible assets as well as the obligations and responsibilities of this Fund are transferred to the State. In the process, the organization was replaced by a public body with the same name, which was merged with the support unit for the Integrated Community Development Emergency Program (CAPUIDC) – whose mission is to to coordinate THE

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