The financial authorities of the Democratic Republic of Congo (DRC) recently announced that they had mobilized an impressive amount of 1,198.5 billion Congolese Francs (CDF), or more than 593 million dollars. This sum represents an achievement rate of 90.4% compared to revenue forecasts for August 2023.
This remarkable performance is the result of the efforts of the country’s main financial authorities, namely the General Directorate of Taxes (DGI) and the General Directorate of Customs and Excise (DGDA). The DGI contributed 589.3 billion Congolese Francs, while the DGDA recovered 414.1 billion Congolese Francs. As for the General Directorate of Administrative Revenue (DGRAD), it mobilized 195.1 billion Congolese Francs thanks to non-tax revenue.
These positive results show that the efforts undertaken by the Congolese government to strengthen the mobilization of public revenue are bearing fruit. This also demonstrates the commitment of financial authorities to optimize the collection of taxes and customs duties, in order to support the country’s development projects.
However, it is essential to emphasize that these figures are only part of the overall financial picture of the DRC. Indeed, the forecast cash flow plan for the month of August anticipated public revenues of 1,325.9 billion Congolese francs, while the expenditure to be executed was estimated at 1,963.1 billion Congolese francs. It is therefore crucial to continue to improve revenue mobilization in order to guarantee the expenditure necessary for the country’s development.
In conclusion, the financial authorities of the DRC showed remarkable results in terms of revenue mobilization in August 2023. However, it is important to remain vigilant and continue efforts to guarantee optimal collection of public revenue, in order to to support the economic and social development of the country.