DRC natural resources press review of Tuesday, July 23, 2013

Referring the thirty-fourth meeting of the year 2013 followed by the economic and financial situation in the country, headed by the Prime Minister, the newspaper L'Avenir informs that despite the decline in copper prices. The macroeconomic framework remains stable. The newspaper wrote: "In the field of raw materials, July 18, 2013, it is a decline in copper 1.55% Thus, tonne traded at $ 6,885, against $ 6,995 last week. . It is the same for cobalt which lost 2.5% of its value, and has sold $ 32,259.15 per tonne against $ 33,075 per tonne previously. Prices of petroleum products, July 18, continued to rise in both markets. prices barrels totaled $ 108.58 (0.9%) on the London market and $ 107.89 (3.1%) on the New York market . As for agricultural products, to 18 July 2013, their prices are falling, and have the following changes: corn (-1.9%), wheat (-2.4%) and soybeans (-8.2 %). "At the national level, it is noted the continued macroeconomic stability, with stronger convergence prospects for achieving growth rate of 8.2% for fiscal 2013. Moreover, the confidence of economic operators consolidates. The main macroeconomic indicators showed the following trends this week: The weekly inflation rate is 0.038% (0.007). On the year, inflation reached 0,453%. Annualized, the inflation rate at the end of 2013 would be 0.814%, against a target of 4% at July 19, 2013, the exchange rate has remained stable on the back of a 0.5% appreciation in the and only 0.04% on the parallel market. The exchange rate is indicative of past 919.28 CDF / USD 915.11 CDF / USD, and 928.00 CDF / USD 927.67 in parallel segment, international reserves at July 19, 2013 have increased slightly and reached 1,658.1 million, against 1643.28 million last week. The current level of imports cover 8.79 weeks, the director of the Central Bank of Congo rate remains at 3% since its downward revision of 28 February 2013.In the same vein, with regard to the repatriation of export earnings, the Potentiel newspaper announces that the mining are in the crosshairs of government. The tabloid wrote. "Mining companies operating in the DRC are now in the viewfinder of the government accuses them of" strict non-compliance "provisions for repatriation of export earnings Strategic Troika government met Monday around the Prime Minister banged his fist on the table, after having read the preliminary report submitted by the Governor of BCC. Forthwith strategic troika recommended that appropriate actions should be considered after the development of the final report due ".The same newspaper reported that the rainforest of the DRC is abused and notes that despite commitments loggers, in Equateur, millions of hectares of forests destroyed are not restored. Population, environmental services and civil society raise the tone for the funds received by the Congolese government actually serve to reforest.