Fatshimetrie, August 09, 2024 – The Congolese government recently announced encouraging results in terms of revenue mobilization during the month of July 2024. Indeed, the financial authorities of the Democratic Republic of Congo managed to mobilize more than 2,936 billion Congolese Francs, thus exceeding the initial forecasts of 2,872.3 billion CDF. These exceptional results brought the execution rate to an impressive 102%.
During a meeting chaired by the Minister of Finance, Doudou Fwamba, it was emphasized that these performances were the fruit of the hard work of the country’s various financial authorities. The General Directorate of Customs and Excise (DGDA) achieved an execution rate of 97%, mobilizing 526.8 billion CDF out of the forecasts of 540.9 billion CDF. For its part, the General Directorate of Taxes (DGI) exceeded its forecasts with an execution rate of 103%, mobilizing CDF 1,962.3 billion out of the CDF 1,931 billion initially planned. As for the General Directorate of Judicial, State and Participation Administrative Revenues (DGRAD), it posted an execution rate of 107%, mobilizing CDF 447.4 billion against the forecast of CDF 418.3 billion.
The general directors of the financial authorities stressed the importance of communication and transparency in improving performance. Minister Doudou Fwamba encouraged the sharing of information and stressed the need to apply rigorous disciplinary measures to combat corruption and increase efficiency.
In the interest of continuous improvement, the government has also planned the deployment of the LOGIRAG software in the judicial system. This initiative aims to strengthen the traceability and management of revenues, while limiting the risks of embezzlement and optimizing the revenues of the Congolese State.
Regarding the projections for 2025, the Minister indicated that new customs and tax measures will be put in place to support the country’s territories affected by conflict, in response to the directives of President Félix Tshisekedi. Reforms focused on the computerization of VAT collection and control are also planned, in order to improve the transparency and efficiency of revenue management.
In conclusion, the meeting was held in an optimistic climate, marked by clear directives for continuous improvement of revenue collection and economic management processes. The Ministry of Finance is committed to maintaining rigorous and transparent tax management, which is essential for the sustainable economic development of the Democratic Republic of Congo.
The Deputy Minister of Finance, the heads of the financial authorities and the various stakeholders involved in this dynamic of revenue mobilization stressed the importance of these efforts to ensure a stable and prosperous financial future for the country. The DRC is thus committed to effective and transparent tax management, conducive to its economic and social development.