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AW
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On April 14, 2000, the Democratic
Republic of Congo (DRC) received its newly inaugurated president, Joseph Kabila.
In molding his new government, Kabila chose experienced officials, with most
members having professional backgrounds in the major international institutions.
The importance
of the incoming administrations
PAVING THE WAY FOR
RECONSTRUCTION technocratic
experience has been put to good
use while facing the daunting task of
recovering an
economy that suffered a cumulative inflation
rate of 511.6% and an exchange rate that was a mere 240 Congolese francs to
one U.S. dollar. For tho past three years, the DRC’s CDP noted a 5%
slump, and last year, per capita n come shrank from US$224 to less than US$85. Kabila
knew that for his administration to lmpiement any inihative aimed at the
recovery of the economy, winning the international con> munitys sympathy
would not work. For the DRCs new economic recovery program to receive the
necessary financial backing, Kabila would have to prnve his legitimacy in
national and international arenas. To this end,
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