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Democratic Republic Congo , Thursday 16 April 2026

Congo Finance Minister Steps In to Halt Depreciation of Franc

Published on: Wednesday 19 July 2023

Congo Finance Minister Steps In to Halt Depreciation of Franc (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 BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomTesla Sinks as Musk Warns of More


News source: https://news.yahoo.com/congo-finance-minister-steps-halt-145501205.html

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