Echoes of economy of August 10, 2023: Rigorous economic control of prices to strengthen the purchasing power of the Congolese
In an economic context marked by significant challenges and issues, the Congolese government announces the establishment of rigorous economic control of the prices of goods on the market. This initiative aims to strengthen the purchasing power of the Congolese and is part of the economic measures taken by the government to stabilize the exchange rate.
During the meeting of the Economic Situation Committee chaired by Prime Minister Sama Lukonde, Deputy Prime Minister, Minister of National Economy Vital Kamerhe stressed the importance of this measure in the current context. Current sensitive issues were addressed and it was decided to act quickly to control the prices of goods and thus improve the purchasing power of Congolese citizens.
This announcement follows the demonstration of economic operators in Goma to denounce the permanent insecurity that harms the business climate in the region. Indeed, instability and insecurity are major obstacles to the country’s economic development. By taking steps to control the prices of goods, the government hopes to foster a more stable economic environment conducive to investment.
Moreover, the growing presence of fresh cowhide on the markets of Bunia and its outskirts raises questions for researchers. Some make the link with the recent arrival of displaced persons from the province of North Kivu in Ituri. This new commercial trend highlights the economic and social realities that are emerging in certain regions of the country. It is therefore necessary to understand the economic dynamics at play to better meet the needs of populations.
In the territory of Lubero, the reconstruction of the Biena bridge by the Congolese government on the Butembo – Mangurejipa road has had a considerable impact on the socio-economic conditions of the population in the Bapere sector. This infrastructure development initiative helps improve access to resources and facilitates trade, thereby promoting local economic development.
Finally, in Bukavu, the ONAPAC (Office National des Produits Agricoles du Sud-Kivu) carries out mass awareness activities to promote the consumption of local coffee. This initiative aims to support young entrepreneurs in the coffee sector and to strengthen agricultural production in the region. It is essential to support key sectors of the Congolese economy and encourage local initiatives to stimulate economic growth.
In conclusion, the measures taken by the Congolese government to control the prices of goods and strengthen the purchasing power of the Congolese are a response to the economic and social challenges facing the country.