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the ECONOMY of ORGANIZED POVERTY: Devaluation Congolese Franc, Erosion Purchasing Power, and Conditions Teachers at ISPT Goma (2020-2026)
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This text is written for these men and women. It is written for the teachers at the Higher Pedagogical and Technical Institute of Goma who continued to grade exams even as the city changed hands. It is written for early-career teaching assistants who earn 400,000 Congolese francs per month-an amount that was worth $201 in 2021 and less than $140 in 2023-and who must use that money to feed a family, pay rent denominated in dollars, buy medicine at pharmacies that accept only dollars, and send their children to school in an educational system that requires fees in foreign currency.
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This text is written for these men and women. It is written for the teachers at the Higher Pedagogical and Technical Institute of Goma who continued to grade exams even as the city changed hands. It is written for early-career teaching assistants who earn 400,000 Congolese francs per month-an amount that was worth $201 in 2021 and less than $140 in 2023-and who must use that money to feed a family, pay rent denominated in dollars, buy medicine at pharmacies that accept only dollars, and send their children to school in an educational system that requires fees in foreign currency.
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