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DR Congo prepares foreign exchange reform to capture more mining revenue

By , based on Actualité.cd

DR Congo prepares foreign exchange reform to capture more mining revenueIllustrative photo · MONUSCO Photos · CC BY-SA 2.0

The governor of the Central Bank of Congo, André Wameso Nkualoloki, presented in Kolwezi the main points of a reform aimed at better repatriating mining revenues, strengthening the use of the Congolese franc and financing the national economy. The conference brought together companies, banks and mining stakeholders, according to Actualité.cd.

The governor of the Central Bank of Congo (BCC), André Wameso Nkualoloki, presented the main outlines of a reform of foreign exchange regulations in the Democratic Republic of the Congo. It notably aims to improve the repatriation of export revenues and strengthen the use of the Congolese franc, according to Actualité.cd.

The reform must also increase the mining sector’s contribution to financing the economy and consolidate its links with other sectors. The stability of the macroeconomic framework is also among the issues raised by the Congolese media outlet.

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