The economic conjuncture committee proposes a reduction in the government’s standard of living

Kinshasa, August 12th, 2021 (CPA).- The economic conjuncture committee (CCE), during its meeting held on Wednesday with the sectoral ministers concerned and chaired by the Prime Minister, Jean Michel Sama Lukonde, proposed the reduction of the train of government life, to promote public investment.

The Minister of State for Planning, Christian Mwando, in his report indicated that EWC noted that the increase in public revenue serves more for the functioning of the institutions of the Republic than for investments, hence the imminent decision to revise downwards, after examination at the next Council of Ministers, the lifestyle of members of the government, in particular through the reduction in the emoluments of the ministers and the operating costs of the ministries.

The Minister of State said, regarding the country’s economic situation, that it is generally stable, before stressing that revenues are on a good track.

The Committee then noted that the application of the decree, signed by the Minister in charge of Economy, relating to air traffic with a drop of 45 to 70% in flight prices within the country, took a not much time.

« The Prime Minister instructed that measures be taken so that this application is made taking into account the practices of the sector », he said, adding that the discussions also revolved around the fall in the prices of frozen products.

 The Prime Minister, continued Minister Mwando, insisted that a panel of ministers who are members of the economic conjuncture committee be set up and that, as soon as possible, we can finalize contact with importers, so that the price reduction is effective in accordance with what had been proposed by the Minister in charge of Economy.

“The currency is stable, while foreign exchange reserves continue to grow. Today, we have more than 7 weeks of import capacity on foreign exchange reserves”, he concluded.

The Ministers of State for Planning, Christian Mwando, and that of Budget, Aime Boji, the Minister in charge of Foreign Trade, Jean Lucien Bussa, the Minister in charge of Employment, Labor and Social Welfare, Claudine Ndusi, the Minister in charge of Finance, Nicolas Kazadi, the Deputy Minister in charge of Mines, Godard Motemona, as well as the Governor of the Central Bank of Congo, Malangu Kabedi Mbuyi, took part in this meeting. ACP /

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