All three sides - the IMF, Kinshasa and Beijing - say there
is little room for compromise on this month's debt relief talks
Kinshasa's negotiators are preparing for more talks with the
International Monetary Fund's debt experts at the Fund and World
Bank's spring meetings in Washington on 25-26 April. The fundamental
problem remains unresolved: the IMF argues that any progress on
a debt reduction plan (financed by the Bank, the Fund and other
Western creditors) for Kinshasa will require a renegotiation of
the US$9 billion minerals-for-infrastructure deal with China known
as Sicomines....
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