The purchasing power of the Congolese impacted by the rise in the dollar exchange rate
In the province of Maniema, in Kindu, the 2023 presidential candidate, Augustin Matata Ponyo, held an electoral rally during which he strongly criticized the economic policy in place and the current situation of the dollar exchange rate. Matata Ponyo, calling himself the “Doctor of Dollars”, highlighted his management as Prime Minister and his maintenance of a stable exchange rate during his mandate.
He accused the current leaders of not having the necessary skills to manage the economy, highlighting the current fluctuation in the exchange rate which has direct consequences on the purchasing power of households and businesses. Currently, 1 dollar is worth 2,800 CDF, while under his mandate, the rate was maintained at 920 CDF.
The population, concerned by this situation, welcomed Matata Ponyo’s words, chanting his name and his campaign slogan, “Matata, waku mbingu”.
The President of the Republic, Félix-Antoine Tshisekedi, also present in Kindu for an electoral rally, addressed the issue of the exchange rate, promising to work with the government and the central bank to stabilize the Congolese franc and lower the rate. exchange.
The fluctuation of the dollar exchange rate remains one of the major concerns of the Congolese, directly impacting their purchasing power and fueling inflation. Presidential election candidates are seizing on this issue to attract voters, promising better economic management and stabilization of the exchange rate.
The current electoral campaign offers a platform for various candidates to express their visions and economic solutions to this problem. Voters, for their part, hope for real change and an improvement in their economic situation.
It remains to be seen which candidate will succeed in convincing the Congolese with concrete measures to stabilize the exchange rate and improve their purchasing power. The population expects tangible solutions that will have a real impact on their daily lives. Economic management will certainly be one of the major issues of this 2023 presidential election.
In conclusion, the rise in the dollar exchange rate in the Democratic Republic of Congo continues to worry the population, directly impacting their purchasing power. Candidates for the presidential elections are taking advantage of this problem to present their economic solutions and convince voters of their ability to deal with this situation. The population is impatiently awaiting concrete measures that will improve their daily lives and stabilize the exchange rate.