The population of Kinshasa sends a strong signal to the authorities of the Democratic Republic of Congo concerning the stability of the Congolese franc. During the inaugural ceremony of the Games of La Francophonie, which drew a large crowd at the Martyrs stadium, the inhabitants of Kinshasa expressed their concern over the inflation of the American dollar, the reference currency in the country.
The cries of “Eeeeeh! Dollar ekitaeee!” resounded in the stadium filled to the brim, coming from Kinshasa people from the twenty-four municipalities of the capital. This demonstration bears witness to the impact of the fall of the Congolese franc, which is currently trading at 2500 for 1 dollar. A situation that has negative consequences on the social life of the population, with the increase in the prices of basic necessities on the Congolese markets.
Despite the measures taken by the government to deal with this crisis, dollar inflation persists. The latest news reports an exchange rate of 2350 Congolese francs for 1 dollar since Friday, July 28, 2023. Faced with this situation, the people of Kinshasa are sending a strong message, calling on the government to take measures to dedollarize the economy. Congolese, as has been done in other neighboring countries such as Angola or the Republic of Congo.
It is therefore essential that the government take into account this signal sent by the population during the Games of La Francophonie. The dedollarization of the Congolese economy would stabilize the Congolese franc and reduce the impact of inflation on the daily life of the inhabitants. This measure would also help strengthen the national economy and promote the country’s development.
It is time for the authorities to take concrete measures to address the concerns of the population. Monetary stability is a crucial issue for ensuring the economic prosperity and well-being of Congolese. The Games of La Francophonie are the perfect opportunity to highlight this issue and implement concrete actions to reverse the trend.
In conclusion, the people of Kinshasa express their concern about the inflation of the US dollar and call on the government to act to dedollarize the Congolese economy. It is time to take firm action to stabilize the Congolese Franc and ensure a better economic future for all. The resolution of this monetary crisis is essential for the development of the country and the well-being of its population