On October 13, 2023, the financial authorities of the Democratic Republic of Congo (DRC) recorded a collection of 553.8 billion Congolese Francs (CDF) during the first thirteen days of October. This amount represents an achievement rate of 41% compared to forecasts for the month, according to the Central Bank of Congo.
The Directorate General of Taxes (DGI) is the main contributor with revenues reaching 258.2 billion Congolese Francs (CDF). The General Directorate of Customs and Excise (DGDA) as well as the General Directorate of Administrative Revenue (DGRAD) also mobilized respectively 170.4 billion Congolese Francs (CDF) and 125.2 billion Congolese Francs (CDF).
Regarding public expenditure, it amounted to 713.3 billion Congolese Francs (CDF), with an execution rate of 38%. The main expenditures concerned the salaries of state agents and civil servants, the operating costs of institutions and ministries, capital expenditure and subsidies.
Cumulatively for the year, as of October 13, 2023, the State’s financial balance sheet presents a surplus of 14,721 billion Congolese Francs (CDF) in terms of revenues realized and expenditures executed amounting to 16,691 billion Congolese Francs (CDF). ).
These figures show a certain stability in the collection of revenue and the execution of state expenditure. However, it is important to emphasize that the country’s economic situation remains precarious and that additional efforts are necessary to ensure more efficient management of public resources.
It is also crucial to put in place economic and fiscal policies favorable to the growth and development of the country. It is essential to promote a business-friendly environment, encourage private investment and fight corruption in order to improve the economic situation of the DRC.
The collection of public revenue is a major issue to ensure the financing of development projects and the proper functioning of public services. It is therefore essential to continue to strengthen financial governance and put in place control and transparency mechanisms to guarantee responsible management of public resources.
In conclusion, recent data on revenue collection and execution of expenditure in the DRC demonstrate a certain stability, but also the need to continue efforts to improve the management of public resources and promote the economic development of the country.