Title: Adoption of the 2024 national budget: a step towards the financial stability of the country
Introduction :
The Chamber of Deputies of the Democratic Republic of Congo recently adopted the national budget for the 2024 financial year. This decision was taken during a plenary session which brought together a large majority of the deputies present. This budget, which provides for total revenues of 40,453 billion Congolese francs and total expenditures of 40,534 billion, aims to ensure the financial stability of the country for the coming year. This adoption marks a step forward in the economic management of the DRC and opens the way to new development prospects.
A balanced budget for fiscal year 2024:
According to the report presented by the chairman of the ecofin commission, Borris Mbuku, the national budget for the 2024 financial year is balanced with offsetting revenues and expenditures. Total revenues amount to 40,453 billion Congolese francs, while total expenditures amount to 40,534 billion. The tax burden, for its part, will increase from 13.2% to 13.5%, which reflects the government’s efforts to increase tax resources and ensure more efficient financial management.
An adoption despite the demands of deputies:
The plenary session experienced some turmoil, with deputies threatening to boycott the meeting and requesting a closed session to discuss their exit allowances and the arrears of glasses costs to be paid before embarking on the electoral campaign. Finally, the plenary began behind closed doors to discuss these issues, but the President of the National Assembly, Christophe Mboso, wanted to clarify that it was not a question of salary arrears, but rather of practical measures to organize the departure of deputies on leave.
Future prospects :
The adoption of the 2024 national budget constitutes a crucial step for the financial stability of the DRC. It will allow the country to have the necessary resources to finance development projects, strengthen infrastructure, improve public services and support the economic sector. This decision reflects the Congolese government’s commitment to ensuring transparent and efficient management of public finances, with the aim of promoting economic growth and the well-being of the population.
Conclusion :
The adoption of the national budget for the 2024 financial year by the Chamber of Deputies of the Democratic Republic of Congo marks an important step towards the financial stability of the country. This balanced budget will make it possible to mobilize the necessary resources to finance development projects and meet the needs of the population. It demonstrates the government’s desire to guarantee transparent and efficient management of public finances. This decision opens new prospects for economic growth and progress for the DRC.