The government’s lack of payment of the oil subsidy is more a result of a misalignment of priorities in the management of public finances. This is what Lems Kamwanya, economist, thinks about the problem surrounding the fuel supply in Kinshasa. However, Lems Kamwanya is not in favor of the idea of liberalizing the prices of petroleum products because the social consequences that will follow will be fatal. Rather, we should consider the payment of the oil subsidy as a compulsory expenditure in the same way as salaries or operating costs of institutions.
Other Economic Echoes topics from this Tuesday, Tuesday 7, 2024:
-No excitement in Minova this Tuesday, day of the big market. Merchants have fled their villages because of the security instability in this region.
-Resumption of Kenya Airways flights to Kinshasa
-Collapse of a large commercial building in Matadi
-Focus on awareness-raising operations, identification and registration of women micro-entrepreneurs who should benefit from government subsidies through the Transforme project.
Click on the link below to follow the show presented by Jocelyne Musau:
/sites/default/files/2024-05/07052024-pf-echos_eco-web.mp3
