President Félix Tshisekedi instructs the government to double its efforts in the business climate sector

Kinshasa, May 30^th, 2022 (CPA).-The President of the Republic, Félix Antoine Tshisekedi Tshilombo, instructed the government to double its efforts in the business climate sector, in his communication, at the fifty-fifth meeting of the Council ministers of the government of the Republic, which he chaired last Friday, by videoconference, in Kinshasa. According to the government spokesman, Minister of Communication and Media, Patrick Muyaya, the Head of State invited, to this end, the reforming ministers and the other members of the government to double their efforts to do better in this area, especially in the control and supervision of their respective administrations, some actors of which are proving to be major obstacles to the implementation of reforms.

The Head of State, he added, ensured daily monitoring of the execution of tasks by the 16 minister-reformers, in order to enable the country to attract investors and capital, with the digital table monitoring and evaluation of reforms. President Félix Tshisekedi, it is recalled, has made the improvement of the business climate a pillar of the government program, so that the Executive can give all the attention that this problem deserves.

The USA welcomes the efforts of President Félix Tshisekedi in improving the business climate

The United States of America, in a report published last April, welcomed the efforts of President Félix Tshisekedi in improving the business climate.

According to this report, the welcoming attitude of President Félix Tshisekedi with regard to Foreign Direct Investments (FDI), particularly from the USA, has led to greater openness and transparency in business circles. This, he says, helped improve the poor ranking of the DRC, which is 183rd out of 190 countries in the World Bank’s Doing Business 2020 report.

This report indicates that after a 10-year ban due to concerns about human rights abuses and corruption linked to the previous regime, the Congolese government became eligible for the US Trade Preferences Policy under the African Growth and Opportunity Act (AGOA). According to the United States of America, investors believe that Felix Tshisekedi will create a more favorable environment by reforming the business climate, improving the rule of law and tackling corruption. ACP/