The tax and non-tax revenues of the Government of the Democratic Republic of Congo (DRC) for the first two quarters of the 2023 budget year show a contrasting situation. According to the cash flow plan published by the Ministry of Finance, tax and non-tax revenues amount to 10,742.2 billion Congolese Francs (CDF), or approximately $5.31 billion at the average 2021 exchange rate.
However, despite a level of achievement of 78% compared to budget forecasts, certain categories of revenue performed below expectations. Customs revenues, although they reached a mobilization rate of 98%, were slightly below forecasts, with an amount of 2,746.4 billion CDF collected against 2,800.4 billion CDF forecast. Tax revenue collected by the Directorate General of Taxes (DGI) was also lower than forecast, with 6,096.1 billion CDF collected, representing approximately 71% of the expected amount of 8,582.0 billion CDF.
As for non-tax revenue collected by the General Directorate of Administrative, Judicial, State and Participation Revenue (DGRAD), they reached 1,683.8 billion CDF, or 84% of the expected total amount of 2,000.9 billion CDF. . It is important to emphasize that the fall in prices of mining products on international markets has had a negative impact on the mobilization of public revenue, thus underlining the importance of the diversification of the Congolese economy, particularly in the sector of the agriculture.
In this context, it is essential for the Congolese government to continue to explore new sources of income and promote economic growth through initiatives promoting job creation and investment in key sectors such as agriculture, energy and tourism. This would reduce dependence on mineral resources and ensure a solid base for public revenues in the long term.
In conclusion, although the tax and non-tax revenues of the Government of the DRC for the first two quarters of 2023 have reached a satisfactory level of achievement, it is essential to continue efforts at economic diversification and the search for new sources. revenue to ensure sustainable growth and strengthen the country’s financial resilience. This will support government policies, improve public services and create an environment conducive to the economic and social development of the DRC.