Tag Archives: Adolphe Muzito

Muzito Signs $42 million Loan Agreement with India for Kakobola Dam

Prime Minister Adolphe Muzito signed a $42 million loan agreement with India on Thursday for the construction of the Kakobola dam in Bandundu Province. Continue reading

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Government Sends 2009 Budget to Parliament

Prime Minister Adolphe Muzito has sent the government’s 2009 budget proposal to the Parliament. The $4.97 billion spending plan was introduced on Friday, November 27, and represents a 61.8% increase compared to the 2008 budget. Continue reading

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Mobutu’s Millions in Swiss Banks to be Returned to Family

Swiss authorities have indicated that 8.3 million US dollars in funds belonging to Mobutu Sese Seko will be returned to his family on December 15, 2008. The funds were frozen on May 17, 1997 after the death of the former Congolese president. Continue reading

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