The Economic Situation Committee in the Democratic Republic of Congo (DRC) is actively working to ensure price stability, closely monitor the foreign exchange market, and strengthen public financial management.
During a meeting held on November 6, 2024, Deputy Prime Minister and Minister of National Economy Daniel Mukoko Samba highlighted signs of stability in goods and services markets, noting that inflation remains under control.
To sustain this progress, the government is implementing strict budgetary discipline and ramping up revenue collection efforts as the year draws to a close. To better manage emergency expenditures, the Ministries of Finance and Budget have been tasked with preparing a comprehensive cash flow plan.
In a move to reduce the cost of imports, the Ministry of Economy, in collaboration with the General Inspectorate of Finance (IGF), will introduce a tax credit for importers to lower prices on imported food items. Additionally, the Ministry of Economy will increase oversight to curb price speculation and promote market transparency.
Through these measures, the Suminwa administration aims to end the year with economic stability and lay the groundwork for a prosperous 2025.
