In order to fight against illicit financial flows in Africa, the government of the Democratic Republic of Congo (DRC) wishes to participate actively in the implementation of the recommendations of the high-level group of the African Union. Indeed, these flows have harmful consequences on the economies of African countries and are a source of serious concern for the leaders of the continent.
The Congo has an important geostrategic position which particularly exposes it to these illicit financial flows. This is why the President of the DRC, Félix Tshisekedi, welcomed the initiative of the Agency for the Prevention and Fight against Corruption (APLC) to have organized a workshop on the evaluation of the implementation of the recommendations of the high level group.
The report of the said group reveals that the African continent was losing up to 50 billion USD per year in 2015, following illicit financial flows, whose losses are currently estimated at around 90 billion USD. The DRC, which is currently exposed to illicit financial flows, has therefore set up the Interministerial Committee composed of the institutions, services and organizations that took part in the work of the workshop.
The government of the DRC has entrusted this mission to the Minister of Finance who will have to accelerate the process of setting up the Interministerial Committee as well as the active participation of the APLC, which will be called upon. A report on the progress of this process is expected for the next Council of Ministers.
It is therefore a concrete action by the Congo to actively participate in the fight against illicit financial flows in Africa, fight against corruption and restore value to its economy.