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Description

The Congolese Economic Recovery Support Project (PAREC) is an institutional strengthening project aimed at improving public finance performance and facilitating the recovery of the economy and the private sector. Post-COVID economic recovery will rely on financing agro-industrial value chains and private entrepreneurship to create jobs and stimulate inclusive growth. Its intervention strategy combines institutional reforms with direct support to vulnerable economic actors, prioritizing agriculture and SMEs.

Objectives

🌾 Strengthen agricultural value chains:
Support production and processing to increase rural incomes.

💼 Support SMEs and entrepreneurship:
Provide financing and capacity building to private sector actors in the post-COVID era.

📊 Improve the investment climate:
Reform the regulatory framework to attract foreign direct investment (FDI).

🏭 Develop the agribusiness sector:
Create jobs through modern processing units.

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