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The Monthly bulletin (April 2024)

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  • Date de création 15/05/2024

In April 2024, the global economic situation was remarkably resilient, with stable economic growth and falling inflation. Financial markets fell across the board due to the US Federal Reserve's decision to keep interest rates unchanged. The US dollar strengthened against other currencies, with the exception of sterling, which appreciated slightly. International trade recovered after several quarters of contraction. Copper prices rose, while cobalt prices fell slightly and gold prices declined. Crude oil prices rose due to geopolitical tensions. In the United States, the services purchasing managers' index rose, while the European manufacturing index fell.

At national level, inflation in the Democratic Republic of Congo slowed, but is expected to remain high. The exchange rate of the Congolese franc rose slightly. Public revenues were used to pay civil servants and for capital investment. On the political front, a woman was appointed Prime Minister of the DRC, while political tensions erupted between Presidents Tshisekedi and Kabila. Primaries were held within the parliamentary majority, and elections were held for senators and provincial governors. An anti-corruption hotline was set up to report cases of corruption linked to these elections.

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