The financial authorities of the Democratic Republic of Congo (DRC) continue to play a crucial role in mobilizing the country’s financial resources. According to a recent report from the Central Bank of Congo (BCC), these agencies managed to mobilize a total amount of 1,724.1 billion Congolese Francs (CDF), or approximately 853 million US dollars at the current exchange rate.
These impressive figures represent 75.2% of the monthly budget allocations planned for the country’s three financial authorities. It is encouraging to note that tax revenues reached 1,481.9 billion Congolese Francs (CDF), including 1,093.9 billion collected by the General Directorate of Taxes (DGI) and 388.0 billion collected by the General Directorate of Taxes. customs and excise (DGDA).
The mobilization of this tax revenue is the result of continuous efforts made by financial authorities to strengthen the collection of taxes and customs duties. This demonstrates the Congolese government’s desire to generate internal resources and reduce its dependence on external aid.
In addition to tax revenues, the BCC report also indicates that the General Directorate of Administrative, Judicial, State and Participation Revenues (DGRAD) managed to collect 242.2 billion Congolese Francs (CDF) thanks to non-tax revenues. This diversification of income sources shows the importance of developing varied and sustainable revenue mobilization strategies.
The mobilization of these financial resources is essential to support the economic and social development of the DRC. This will finance projects in key areas such as education, health, infrastructure and job creation. It is also crucial to put in place transparency and good governance mechanisms to ensure efficient and equitable use of these resources.
In conclusion, the financial authorities of the DRC have succeeded in mobilizing a significant amount of financial resources, thus demonstrating their efficiency and their determination to strengthen the collection of taxes and customs duties. However, it is essential to maintain these efforts and work towards transparent and responsible management of these resources to ensure the economic and social development of the country.