The provinces of the Democratic Republic of Congo received a sum of 753,225,695,936 CDF, or 372.6 million USD, from the central government. This sum represents an execution rate of 45% compared to the budget forecasts established at CDF 1,661,388,716,346 for the year 2023.
Kinshasa received the largest amount of these subsidies, i.e. CDF 168,325,819,118, followed by other provinces such as Kwilu with CDF 63,942,974,930 or North Kivu with CDF 45,037,360,775. . This budget retrocession comes in a tense economic context in the DRC, with a humanitarian crisis in the east of the country and a persistent maize shortage.
However, President Felix Tshisekedi is encouraging Botswana investors to set up in the country, which is undergoing a transformation. It thus seeks to attract economic operators to ensure the country’s food self-sufficiency and sustainable development, particularly in the diamond sector.
Recently, the Sino-Congolese partnership has also been the subject of heated debate among public opinion. President Tshisekedi’s visit to the Jwaneng mine highlighted an innovative production model and new projects for the future.
However, despite these encouraging initiatives, the humanitarian crisis in the east of the country remains worrying. The UN has launched an appeal for increased mobilization in favor of the affected populations. In addition, voices are being raised to denounce the actions of the Kagame regime in Rwanda, denounced by Michela Wrong in her book “Rwanda, assassin without borders”.
In this turbulent period in the DRC, political opponents are planning a protest march postponed to May 20, 2023 to denounce the current situation in the country.
In short, the DRC is facing many economic and political challenges, but the government is seeking to move forward and open up to the world to ensure a better future for the population.