The economy of the Democratic Republic of Congo (DRC) recorded encouraging results in October 2023. According to the latest figures published by the country’s financial authorities, revenue collected reached 553.8 billion Congolese Francs (CDF) over the first thirteen days of the month. This figure represents an achievement rate of 41% compared to forecasts.
The General Directorate of Taxes (DGI) stands out as the main contributor to revenue, with an amount of 258.2 billion Congolese Francs (CDF). The General Directorate of Customs and Excise (DGDA) and the General Directorate of Administrative Revenue (DGRAD) also contributed significantly, with 170.4 billion Congolese Francs (CDF) and 125.2 billion Congolese Francs (CDF) respectively. collected.
Regarding public expenditure, they reach a volume of 713.3 billion Congolese Francs (CDF), which represents an execution rate of 38%. Expenditure is mainly allocated to the salaries of state agents and civil servants, the operating costs of institutions and ministries, capital expenditure and subsidies.
Over the whole of 2023, the State’s financial operations show a negative balance, with 14,721 billion Congolese Francs (CDF) in revenues generated and 16,691 billion Congolese Francs (CDF) in expenses executed.
These figures demonstrate the efforts made by the country’s economic authorities to stimulate the economy and ensure financial balance. However, it is important to remain vigilant in the face of the economic challenges facing the DRC, such as rising inflation and the need to mobilize more revenue to finance public spending.
In conclusion, these results show positive dynamics in the DRC economy in October 2023, but it is essential to continue taking measures to ensure more sustained growth and guarantee the financial stability of the country.