Tag: Finance

**Provincial Deputies Protest Unpaid Salaries with Sit-In at Ministry of Finance**In the Democratic Republic of Congo, provincial deputies are taking a stand against the non-payment of their salaries for nearly five months. Frustrated by...

Félix Tshisekedi: New RDC-FMI Program Renews Confidence in Financial ManagementPresident Félix-Antoine Tshisekedi recently shared the economic progress made by the Democratic Republic of Congo with accredited diplomats. During a New Year's ceremony...

Controversy Surrounds $3 Million Investment Funds in Kasaï-OrientalThe province of Kasaï-Oriental is embroiled in a major controversy over an alleged endowment of $3 million, supposedly allocated by the central government. This issue gained traction...

RDC Gold Price Update: Weekly Decrease but Significant Annual IncreaseIn a recent economic report released by the Central Bank of Congo (BCC) on December 20th, the price of an ounce of gold has decreased...

RDC: Low Activity in Money Market, Decrease in Bank BorrowingsThe Democratic Republic of Congo's money market experienced limited activity during the week of December 20, 2024, according to data from the BCC. At the...

Bank Deposits and Loans Surge in November 2024 in the Democratic Republic of CongoBank deposits in the Democratic Republic of Congo reached $13,928.86 million at the end of November 2024, showing a monthly increase...

Franc Congolais Faces Depreciation and International Reserves StrengthenThe latest developments in the external sector as of December 20, 2024, have unveiled a slight depreciation of the national currency on the official market, an appreciation...