Economic news in the DRC: Tax breaks and investments to stimulate development

The article highlights the economic news of North Kivu and Ituri in the Democratic Republic of Congo. The government is considering tax relief measures to support economic operators in these regions and encourage local economic development. At the same time, the World Bank is investing in access to drinking water and sanitation in Kwilu and the three Kasai. The article also addresses the price matrix of basic necessities, entrepreneurship in the DRC and the challenges of coffee production in Ituri. These different topics highlight the economic challenges and opportunities of the country, as well as the willingness of local and international actors to contribute to its growth.
The economic news in North Kivu and Ituri has attracted the attention of the Congolese government, which is considering tax relief measures for economic operators in these regions. This decision, which should be made before the end of the state of siege, aims to support economic development and stimulate the activity of local businesses. This announcement was made by the Deputy Prime Minister of the Interior and Security at a recent press conference held in Kinshasa, in the presence of his counterpart in Communication and Media.

Jacquemain Shabani, in charge of the file, stressed the importance of these tax reliefs for economic operators in North Kivu and Ituri. These measures should help revive the local economy and encourage investment in these often unstable regions. The Head of State expressed his interest in these proposals and is now awaiting the report of the mission in charge of this file in order to make the necessary decisions to support these provinces and territories.

At the same time, the World Bank has mobilized more than $400 million to facilitate access to drinking water and sanitation in the Kwilu region and the three Kasai. This initiative highlights the importance of investing in basic infrastructure to improve people’s living conditions and promote sustainable development.

The “Fatshimétrie” program also addressed other current economic topics, such as the publication of the price matrix for basic necessities by the National Institute of Statistics of South Kivu. This essential information allows authorities and citizens to monitor price trends and take appropriate measures to ensure access to essential products for all.

In addition, the program’s guest, Clarisse Nsimire, entrepreneur and manager of the company Mushroom Business Sarl, shared her experience in the field of mushroom farming. Her testimony illustrates the diversity of economic opportunities in the Democratic Republic of Congo and highlights the entrepreneurial potential of the region.

Finally, the program highlighted the challenge of coffee production in Ituri, where 80% of production still escapes state control. This situation underlines the need to strengthen governance and support local producers to promote this emblematic sector.

In short, the economic news in the DRC demonstrates the diversity of the challenges facing the country, but also the opportunities for development and innovation that exist. The tax relief measures envisaged for North Kivu and Ituri, investments in basic infrastructure and entrepreneurial dynamism demonstrate the willingness of local and international actors to support the country’s economic growth.

Leave a Reply

Your email address will not be published. Required fields are marked *