Rigorous economic control of the prices of goods to strengthen the purchasing power of the Congolese.
Prime Minister Jean-Michel Sama Lukonde recently chaired a meeting of the Economic Situation Committee, during which the country’s economic situation was examined in detail. Among the topics discussed, emphasis was placed on the measures taken by the Government to stabilize the exchange rate on the market, and their impact on the purchasing power of the Congolese.
In order to strengthen the purchasing power of the population, in accordance with the Government’s economic measures concerning the exchange rate, the Economic Committee announced the establishment of strict economic control of the prices of goods on the market. This was stated by the Deputy Prime Minister, Minister of National Economy, during a press conference.
For the past three weeks, the Government has intervened directly in the foreign exchange market through the Central Bank in order to stabilize the exchange rate. This intervention was welcomed by the Congolese population, which sees an appreciation of the Congolese franc. Alongside these actions by the Central Bank, the Government has taken other measures to strengthen these strategies aimed at combating currency speculation and de-dollarizing the economy. Among these measures, the economic control of prices plays a crucial role.
It is important to point out that despite the stabilization of the exchange rate, the prices of goods on the market remain high. This is why the Government has met with economic actors to raise their awareness of these practices. Some companies, especially in the oil sector, buy fuel at a favorable exchange rate, but then take advantage of a higher exchange rate by trading the dollars with currency traders. This practice must be eradicated and the Government undertakes to follow this chain to the end.
Economic control is not limited to fuel prices. It aims to regulate the economy as a whole. Price disparities have been observed between the city center and the outlying areas, which shows the need for stricter regulation. The Government undertakes to take all necessary measures to guarantee fair and equitable prices for consumers.
It is important to emphasize that the current stability of the Congolese franc is the result of joint monetary policy measures by the Central Bank and economic and budgetary actions by the Government. This demonstrates that this is not a temporary stability, but a lasting process aimed at improving the purchasing power of the Congolese population.
In conclusion, the rigorous economic control of the prices of goods on the market is a key measure put in place by the Congolese Government to strengthen the purchasing power of citizens.. By regulating the economy and guaranteeing fair prices, the Government seeks to create the conditions conducive to better well-being for all. The stability of the Congolese franc is the result of concerted efforts, and the Government will continue to put in place favorable economic policies to ensure sustainable growth and an improvement in the living conditions of the Congolese