in the Democratic Republic of Congo, the government was concerned about rising prices
In the Democratic Republic of Congo, prices of basic necessities were under pressure due to the war in Ukraine. The head of the Congolese government, Jean-Michel Sama Lukonde, mentioned the problem on Wednesday, March 16, 2022, during an economic situation meeting.
as reported from Kinshasa, Pascal Mulegwa
According to members of the government’s economic situation committee, pressure could quickly be exerted on the prices of several basic necessities, such as fuel.
“We fear that these effects could cause us to accelerate prices sharply and affect the purchasing power of the population. The Economic Situations Committee will also reflect on mitigation measures. The Prime Minister has instructed members of the Economic Situations Committee and all government sector ministers to send him what they believe an impact in their respective sectors “, explained Christian Mwando, Minister of Planning.
The war in Ukraine will affect the import of wheat. Congolese employers claim they have already notified the government, but the Ministry of Economy assures that traders still have stocks for several more weeks.
At the same time, some effects are already being felt in the capital Kinshasa. The bread thickness, for example, has already been reduced without changing the price of this product. An expectation that shows an upcoming price increase.
