Copper surged in the international market to trade at $ 7,013 per tonne
During its meeting on Tuesday, November 17 with Prime Minister Sylvestre Ilunga, the Economic Conjuncture Committee (CCE) noted the rise in metals on the international market. Copper has seen a good trade at 7,013 USD per tonne on the international market.
The members of the CCE have during the examination of the note of the mining sector, presented by the Deputy Minister of Mines, Denise Lupetu, revealed that for Cobalt, the price has however experienced a slight negligible regression, while the prices of other mining products, are on the rise and that mining production is holding up well, indicates the Communication Unit of the Prime Minister.
As for the economic situation in the country, the CCE praised the “positive influence” of the Stability Pact of the macroeconomic and monetary framework which links the Congolese government and the Central Bank of Congo, because the macroeconomic parameters remain green, declared the Deputy Prime Minister, Minister of the Budget, Jean-Baudouin Mayo, who reported on this meeting.
The Budget Minister confided that the economic situation note submitted by the Deputy Prime Minister in charge of Planning, Élysée Munembwe, demonstrated the stability of the general situation, both in terms of metal prices and in terms of l inflation as well as in terms of the exchange rate. And this thanks to the control of economic parameters by the Central Government, the BCC, the economic operators and the support of the Congolese people.
At the same meeting, the Economic Conjuncture Committee also dealt with the file of the Vice-Governor of the Central Bank of Congo Jules Bondombe, relating to the evolution of the price on the foreign exchange market. The short-term prospects were examined to end the year 2020 by keeping the macroeconomic framework “stable”, in a context of economic pressures exerted in terms of expenditure and in the face of very few means, underlined the VPM Mayo.
Faced with this situation, the Prime Minister asked the Ministry of the Budget, that of Finance and the BCC to reflect in depth on this question, and to report to the next meeting of the Economic Conjuncture Committee.
This weekly meeting of CCE members has been extended to include FEC and ANEP delegates.
