DRC: Economic stability and support for households, government implements measures to control prices

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Under the presidency of Prime Minister Judith Suminwa Tuluka, the Economic Conjuncture Committee met on Wednesday, November 6, at the Prime Minister’s Office to take stock of the country’s economic situation and define strategic actions to be implemented. During the meeting, Daniel Mukoko Samba, the Vice Prime Minister and Minister of National Economy, highlighted the successful efforts to maintain price stability and control inflation, despite an uncertain global economic context.

The Minister pointed out that the price stability observed in recent months is a result of disciplined public finance management. “Controlling inflation is the result of proper execution of expenditures and efficient revenue mobilization,” he explained. As the end of the year approaches, vigilance remains essential, particularly to ensure the continuity of public services and avoid any budgetary imbalances.

The meeting also addressed the critical issue of rising prices for imported foodstuffs, which is putting pressure on household purchasing power. Aware of the impact this situation has on the population, the Prime Minister issued clear instructions to the Ministry of Economy and the General Finance Inspectorate (IGF). She tasked them with working closely together to develop measures aimed at reducing the prices of these goods, with the goal of quickly easing the burden on households most affected by the rising costs.

This proactive approach demonstrates the government’s commitment to acting in order to preserve economic stability and protect the well-being of citizens. The reduction in the prices of imported products, especially essential foodstuffs, aims to ease inflationary pressures and ensure affordable access to food products. The government thus intends to prevent a surge in prices that could further weaken households, particularly during the end-of-year period.

The Economic Conjuncture Committee meeting, led by the Prime Minister, marks a new step in the implementation of inclusive and responsible economic policies. It underscores the authorities’ determination to anticipate economic challenges and adopt targeted measures to strengthen the economy’s resilience and improve the population’s living conditions.

Trésor Obiang

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