Food price fluctuations in Bunia: consequences of the depreciation of the Congolese franc
The economic situation in Bunia, in the Democratic Republic of Congo, is worrying. In recent days, the price of several foodstuffs has increased significantly. This surge in prices is directly linked to the depreciation of the Congolese franc on the foreign exchange market. The consequences of this inflation are hitting small traders and households hard to make ends meet.
Women selling their items along the main arteries of Bunia bear witness to the harmful consequences of this situation. Gisèle Torash, a fruit vendor for many years, expresses her difficulty working in these conditions. She even claims to have lost her capital. Josée Sikakale, another fruit seller, points out that this inflation mainly affects small traders who find it difficult to prosper in their activities.
Motorcycle repairers are not spared by this price hike. Faced with the increase in the cost of spare parts on the market, they are forced to increase their prices. This situation is detrimental both for professionals and for users who depend on motorcycles for their daily trips.
The merchants appeal to the government to intervene and regulate the exchange rate. They insist on the importance of stabilizing the economy in order to enable households to meet their needs and prepare for the start of the school year for their children. Indeed, this soaring price could compromise access to education for many families.
It is essential for the authorities to take urgent measures to remedy this situation. By regulating the exchange rate and implementing appropriate economic policies, it would be possible to stabilize the local economy and guarantee a decent standard of living for the population of Bunia.
In conclusion, the depreciation of the Congolese franc has a significant impact on food prices in Bunia. Small traders and vulnerable households are the first victims of this situation. It is therefore essential that concrete measures be taken to regulate the exchange rate and ensure a more stable economy. This would allow the population to face this difficult period and to hope for better days