Title: Public investments in the DRC, a priority for President Félix Tshisekedi
The President of the Democratic Republic of Congo, Félix Tshisekedi, called on the central government and the 26 provinces to work harmoniously to improve the budgeting of public investments for the year 2024. Speaking at the 100th meeting of the Council of Ministers, the President stressed the importance of this multi-annual budgeting to strengthen the energy and infrastructure sectors, two structuring areas of the country.
In his report of the meeting, the President insisted on the need for close collaboration between the sectoral ministers, the provincial executives and the provincial divisions of the respective administrations to align the short and medium term investment projects in order to strengthen the geographical integration of the country.
“We must focus on projects that are achievable in the short and medium term, in order to reduce the significant gap that still exists in terms of the energy needs of the provinces”, underlined the President.
The 2023 budget provides for an increase in public investment. An increase of 32.7% was recorded compared to that of the previous year (11 billion USD). But President Tshisekedi remains skeptical about the effective use of these funds.
In summary, the President of the Republic insists on the importance of interprovincial collaboration for better budgeting of public investments in order to strengthen the energy and infrastructure sectors and promote the geographical integration of the Republic. His recent recommendation adds to the many initiatives undertaken by the government to improve the socio-economic situation of the population.