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Find all the economic and financial information on our Orishas Direct application to download on Play StoreA meeting was held on 17 July between President Félix Tshisekedi, Central Bank officials, the Ministry of Finance, and bankers. During the exchanges, the Central Bank of the DRC ordered mining companies to pay their taxes in Congolese francs (CDF). This is in order to slow the fall of the national currency
.During discussions between Félix Tshisekedi, the Central Bank, the Ministry of Finance and the bankers, several other suggestions aimed at strengthening the Congolese franc were put forward. These include a further rise in interest rates, an increase in auctions to buy foreign currency from commercial banks and the payment of civil servants' salaries in local currency by bank transfer. According to Willy Mulamba, deputy managing director of Citigroup Congo and president of the Congolese Banking Association, “these new measures should be enough to ease tensions in the market, especially in the
short term.”
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