Strict economic control of prices and stabilization of the exchange rate: government actions to strengthen the purchasing power of the Congolese
Prime Minister Jean-Michel Sama Lukonde recently chaired a meeting of the Economic Situation Committee to review the country’s economic situation. During this meeting, several important topics were discussed, including the measures taken by the government to stabilize the exchange rate in the market.
In order to strengthen the purchasing power of the Congolese, the Economic Committee announced the establishment of a rigorous economic control of the prices of goods on the market. This measure is intended to ensure that prices are in line with the government’s economic measures regarding the exchange rate. The Deputy Prime Minister, Minister of National Economy, underlined the importance of this initiative during a statement to the press.
He explained that the government intervened directly in the foreign exchange market three weeks ago, which led to the appreciation of the Congolese franc. This stabilization of the currency is a crucial issue for the country, and the government is taking additional measures to fight against monetary speculation and promote the dedollarization of the economy.
In addition to these monetary measures, the government has decided to regulate the economy by controlling prices in a serious way. It is unacceptable that despite the decrease in the exchange rate in favor of the Congolese franc, the prices remain practically the same. Meetings have been held with tankers to make them aware of the need to put an end to unjustified practices, such as buying fuel at a favorable exchange rate, then converting this sum immediately at a very high rate. The government will closely monitor these practices and ensure that economic operators respect the rules and contribute to the national economy.
The Minister of National Economy also stressed that the current stability of the Congolese franc was not only cyclical. There are consistent monetary, economic and budgetary measures put in place by the government, which will have positive results for the purchasing power of the Congolese population.
During this meeting, other important members of the government also participated, including the Minister of State in charge of the Budget, the Minister of Foreign Trade, the Minister of Planning, the Deputy Minister of Mines and the Deputy Minister finances. This meeting bears witness to the government’s commitment to take concrete measures to support the economy and improve the living conditions of Congolese people.
In conclusion, the Congolese government is implementing concrete actions to stabilize the exchange rate and rigorously control prices. This is an important measure aimed at strengthening the purchasing power of the Congolese and promoting the economic stability of the country