News: No fuel shortage in Kinshasa, reassures the Congolese government
The provincial city of Kinshasa, capital of the Democratic Republic of Congo, will not experience a shortage of fuel, according to statements by the Minister of Finance, Nicolas Kazadi. Steps have been taken to resolve the fuel supply difficulties that have been noted in recent days at several gas stations in the city.
According to the minister, these problems are due to payment arrears of economic operators in the oil sector, due to financial constraints linked to the financing of elections and the security situation in the east of the country. To remedy this situation, the government has put in place a financial package of nearly 400 million USD to settle payment arrears.
Nicolas Kazadi also highlighted the government’s efforts to ensure transparent and efficient management of the oil sector. Reforms were undertaken, including an audit which saved more than USD 70 million in one year. The Congolese government covers a significant portion of the cost of a liter of fuel in order to preserve consumers’ purchasing power.
In order to avoid any disruption in the supply of petroleum products, the government approved a draft interministerial decree aimed at mobilizing funds to compensate for the losses and shortfalls of oil companies. This project includes payment terms by commercial banks for the gradual repayment of debts, which will also relieve pressure on the Public Treasury.
This announcement from the Congolese government reassures the population of Kinshasa regarding the fuel supply in the city. This is an important measure to ensure economic stability and avoid any negative impact on the daily activities of residents.
In conclusion, despite the difficulties encountered in recent days, the Congolese government assures that there will be no fuel shortage in Kinshasa. Steps have been taken to resolve payment arrears and ensure transparency and stability in the oil sector. This will help maintain a regular supply of fuel and preserve consumers’ purchasing power.