[ Face au phénomène de « Shillingisation » de l’économie dans l’ITURI: Quelle intégration pour la République Démocratique du Congo (RDC) dans une éventuelle Zone de Libre-échange ? ]
Volume 38, Issue 3, January 2023, Pages 765–769
Ngongo Malubungi Gilbert1
1 Département des Relations Internationales, Faculté des Sciences Sociales, Administratives et Politiques, Université de l’UELE, Isiro, Province du Haut-UELE, RD Congo
Original language: French
Copyright © 2023 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
The purpose of this article is to prove the ineffectiveness of the financial supervision measures of the Democratic Republic of Congo in commercial transactions or exchanges in the eastern part of the ITURI Province. Indeed, the absence of one the symbols of sovereignty in the circulation of Congolese currency (Congolese Franc) in this part of the country, leads to the low percentage of use of its currency by its population. As a result, eighty-seven point five percent use Ugandan currency (shilling) as opposed to eleven percent of the currency of the Democratic Republic of Congo according to the results of the field’s surveys. Consequently, it is imperative that the government of the Democratic Republic of Congo make its population aware of the merits of valuing their currency, which is one of the symbols of a country’s sovereignty. The government will strive to implement control structures for the effective use of its currency. It will undertake to set up production units to better sell these quality products in its currency at affordable prices. Ultimately, the implementation of mechanisms to control and industrialize manufactured products at lower cost could benefit and advantage the Democratic Republic of Congo in the implementation of free trade area.
Author Keywords: Currency, Sovereignty, Awareness, Control, Industrialization, Investigation.
Volume 38, Issue 3, January 2023, Pages 765–769
Ngongo Malubungi Gilbert1
1 Département des Relations Internationales, Faculté des Sciences Sociales, Administratives et Politiques, Université de l’UELE, Isiro, Province du Haut-UELE, RD Congo
Original language: French
Copyright © 2023 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
The purpose of this article is to prove the ineffectiveness of the financial supervision measures of the Democratic Republic of Congo in commercial transactions or exchanges in the eastern part of the ITURI Province. Indeed, the absence of one the symbols of sovereignty in the circulation of Congolese currency (Congolese Franc) in this part of the country, leads to the low percentage of use of its currency by its population. As a result, eighty-seven point five percent use Ugandan currency (shilling) as opposed to eleven percent of the currency of the Democratic Republic of Congo according to the results of the field’s surveys. Consequently, it is imperative that the government of the Democratic Republic of Congo make its population aware of the merits of valuing their currency, which is one of the symbols of a country’s sovereignty. The government will strive to implement control structures for the effective use of its currency. It will undertake to set up production units to better sell these quality products in its currency at affordable prices. Ultimately, the implementation of mechanisms to control and industrialize manufactured products at lower cost could benefit and advantage the Democratic Republic of Congo in the implementation of free trade area.
Author Keywords: Currency, Sovereignty, Awareness, Control, Industrialization, Investigation.
How to Cite this Article
Ngongo Malubungi Gilbert, “Faced with the phenomenon’s « shillinginisation » of the economy in ITURI, what integration for the Democratic Republic of Congo in a possible free trade zone?,” International Journal of Innovation and Applied Studies, vol. 38, no. 3, pp. 765–769, January 2023.
