The Democratic Republic of Congo’s economy is on a path of decline with those entrusted with the responsibility of stabilizing it seemingly unconcerned or contributing to the downfall.
At the moment, the DR Congo’s currency, the franc, is performing at its worst rate in history against the US dollar and other major convertible currencies.
As of today, 14 February, US$1 is trading at 2830 Congolese francs, the highest rate in Congolese economy history.
The decline of the Congolese economy can be largely attributed to the lack of proper management of resources by President Fèlix Tshisekedi’s government.
While the economy limps, Tshisekedi and his government officials continue their personal construction projects around the country and are seen living in luxury using public funds.
It is the average Congolese population that suffers as a result of the negligent by Tshisekedi and his government.
