Moroccan Journal of Agricultural and Veterinary Sciences

Vol. 9 No. 2 (2021): (June 2021)
Agricultural and Rural Economics

Impact of the depreciation of the Congolese franc on household food security

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  • Merveille KAMARA,
  • Prosper KIMWANGA SALUMU,
  • clément JASHOPOKWO UZELE,
  • Léonard MUANASAKA KABUITA,
  • Bienvenu MOKILI LILALA
Merveille KAMARA Département de l'Economie Agricole, Institut Facultaire des sciences Agronomiques de Yangambi, RDC
Prosper KIMWANGA SALUMU Département d’Economie Agricole, Institut Facultaire des Sciences Agronomiques de Yangambi, RD Congo
clément JASHOPOKWO UZELE Département d’Economie Agricole, Institut Facultaire des Sciences Agronomiques de Yangambi, RD Congo
Léonard MUANASAKA KABUITA Département d’Economie Agricole, Institut Facultaire des Sciences Agronomiques de Yangambi, RD Congo
Bienvenu MOKILI LILALA Département d’Economie Agricole, Institut Facultaire des Sciences Agronomiques de Yangambi, RD Congo

Published 2021-06-14

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Abstract

A study on the impact of the depreciation of the Congolese franc against the US dollar on food security has been carried out in the commune of LUBUNGA, Kisangani town in the Democratic Republic of Congo (DRC).  This analysis focused on the availability and accessibility of food by households. To do this, a field survey and document reviews were used to collect data. The results obtained showed that the general trend in the prices of basic foodstuffs used to calculate the Consumer Price Index (CPI) for Kisangani households for 2012-2018 is increasing. A positive correlation of around 84.8% between the exchange rate and the prices of basic food commodities (rice and maize flour) was observed. Households devote a significant proportion of their income to food, i.e. a food budget coefficient of 79%. The Food Consumption Score (FCS) of 27.6 showed that food is of inadequate quality and that households are food insecure.

Keywords: Incidence, depreciation of the Congolese franc, food security, household

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