**Fatshimetrie: Stabilization of the Congolese franc to preserve purchasing power**
At the heart of the concerns of the Suminwa Government led by President Félix-Antoine Tshisekedi, the stability of the Congolese franc has become a crucial issue to preserve the purchasing power of citizens. During the second council of ministers chaired by the Head of State in Kinshasa, the question of the national currency was raised with particular urgency.
The observation is clear: the fluctuation in the exchange rate between the Congolese franc and the American dollar has a direct impact on the daily lives of the Congolese. In a largely dollarized economy, the depreciation of the Congolese franc results in an increase in prices, directly affecting the purchasing power of households.
Faced with this situation, measures are necessary to counter this harmful trend. President Tshisekedi thus insisted on the reassessment of actions already put in place in order to stabilize the national currency and improve the living conditions of the Congolese. It is essential to restore confidence in the local currency and protect the purchasing power of citizens.
One of the initiatives taken to support the stability of the Congolese franc is the decision of the Bank of Congo (BCC), asking financial institutions to configure their electronic payment terminals only in national currency from July 31, 2024. This measure is part of in a global program of dedollarization of the Congolese economy, aimed at reducing dependence on the dollar and strengthening the country’s monetary sovereignty.
It is imperative that all stakeholders, from the public to the private sector, cooperate to implement effective measures aimed at stabilizing the Congolese franc and preserving the purchasing power of citizens. The stakes are high, and the success of this approach will help create a more stable and prosperous economic environment for the entire Congolese population.
In conclusion, the stability of the Congolese franc is a priority for the Suminwa Government, and concrete actions must be taken to preserve the purchasing power of citizens. The road ahead is certainly strewn with pitfalls, but it is essential to put in place effective and sustainable measures to guarantee a stronger and more resilient economy for all.
*Fatshimetrie*, through its commitment to monetary stability and the well-being of the Congolese, is part of this approach to preserving purchasing power and strengthening the national economy.