(Bloomberg) --

The Democratic Republic of Congo’s Council of Ministers will send parliament a draft budget for 2021 of 14.25 trillion Congolese francs ($7.2 billion), according to minutes of its meeting Friday in the capital, Kinshasa.

The government worked with the International Monetary Fund on the budget as it looks to begin a formal loan program with the IMF next year, according to the minutes.

Read more: Congo Should Cut Budget by 35%, Government Commission Recommends

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