The dollar gallops on the foreign exchange market, triggering a shock wave that is felt until the depreciation of the Franc Congolais (FC) and the dizzying increase in the prices of basic necessities. This situation worries many economic players, such as the operator Guelord Musitaba, who notes with amazement the depreciation of the FC against the US dollar. In just five days, the price of a 25 kg bag of rice has increased from 56,000 FC to 62,000 FC, and this increase also affects many other items.
Indeed, a box of Le Coq soap went from 22,740 FC to 24,500 FC. The cause of this situation is mainly due to the fluctuating exchange rate, which directly impacts the prices set in dollars. Traders who import products suffer from this situation, because their purchases are made in dollars. This depreciation of the FC has disastrous consequences on the purchasing power of the population, which is already struggling to feed itself properly.
Faced with this reality, it is urgent that the government take measures to save the population and stabilize the economy. Action must be taken to reduce dependence on imports and encourage local production. It is also necessary to act on the question of the exchange rate, by finding solutions to stabilize the value of the FC against the dollar.
At the same time, it is essential to put in place social measures to support the most vulnerable households, which are particularly affected by this price increase. Food aid programs and the distribution of essential foodstuffs must be put in place urgently.
It is also important to sensitize the population on alternative solutions, such as the consumption of local products, which may be less subject to fluctuations in the exchange rate. Encouraging local initiatives and supporting national producers can contribute to greater economic autonomy and resilience in the face of this type of situation.
In conclusion, the depreciation of the Congolese Franc against the US dollar and the increase in commodity prices is a major concern for the Congolese population. Quick and concrete measures must be taken to stabilize the economy, support vulnerable households and encourage local production. It is essential to put in place sustainable solutions to mitigate the harmful effects of this situation on the purchasing power and food security of the Congolese