(Bloomberg) — The Democratic Republic of Congo’s government will reduce its cash expenditure and encourage tax payments in francs instead of US dollars in an effort to halt the decline of the nation’s currency, Finance Minister Nicolas Kazadi said.
Most Read from Bloomberg
The measures come after the Congolese franc lost more than 23% of its value against the dollar since the beginning of…
The Central Africana™ reports and aggregates business, socio-economic, Tech and industrial news on Central African countries.
We provide press release distribution to media outlets in Central African countries: Angola, Cameroon, Central African Republic, Chad, Democratic Republic of the Congo, Congo, Equatorial Guinea, Gabon, “Sao Tome and Principe”. To submit a press release today, contact us.
