Freddy Matungulu

Mbuyamu Ilankir "Freddy" Matungulu was born in Belgian Congo (DRC) on 4 January 1955. An economist, he was Finance Minister of the Democratic Republic of the Congo.

Son of an official of the Congolese civil service, Freddy Matungulu was born on January 4, 1955 at Lubembo, Bandundu Province, in the Democratic Republic of the Congo. Brilliant student of the Catholic Schools of Congo, he obtained his Certificate of Elementary School in 1967 at the Saint Joseph Primary School in the city of Banningville (Now Bandundu). After Middle School at Saint Jean-Baptiste de la Salle Institute, still in Bandundu, that led to a High School State Diploma in 1973, he enrolled at the Faculty of Economic Sciences at the University of Kinshasa (UNIKIN). In 1977, he graduated with first class honor “Distinction”, with a Bachelor Degree in Economics, with a concentration on International and Monetary Economics. After that, he was appointed as an Assistant Professor at the Economics Department. During the same year, Freddy Matungulu was also hired, at the headquarters of the Congolese Bank for Foreign Trade (Banque du Peuple), in Kinshasa, as a Credit Analyst.

In 1980, as an Assistant Professor at UNIKIN, he obtained a scholarship from the American Government and went to the United States of America to carry on his graduate studies. He first obtained a special degree in English and Economics at The Economics Institute of the University of Colorado in Boulder. Then, in 1981, an English degree from State University of New York at Buffalo, New York.

In 1983, he obtained a Masters degree in International Economics at The Fletcher School, Tufts University, in the Boston area, State of Massachusetts. He pushed his graduate studies further and obtained a PhD in Economics in 1986.

His doctoral thesis is entitled : “Exchange Rate Policy, Resource Allocation and Growth Patterns in the Zairian Economy, 1967-1983” (“La politique des taux de change et son impact sur les mécanismes d’allocation des ressources et la croissance dans l’économie zaïroise: 1967-1983”).

Back home in 1986, he returned to the Department of Economics of UNIKIN and dedicated himself to the noble profession of teaching. As Associate Professor, he taught courses in political economy (Departments of Economics and Law) and monetary policy ( Department of Economics ). He also taught, for a year, Currency and Credit at the Higher Institute of Commerce in Kinshasa. n search of experience in the management of the State , Professor Matungulu agrees, from 1986 to 1992 , advisers positions in several departments of the country :

During that time, he served as:

In July 1992, he joined the International Monetary Fund (IMF) in Washington, United States as an economist. In 1994, he created the Price Professor Matungulu, to reward each year the best student of first degree in economics from the UNIKIN (all options).

...
Wikipedia