Presentation of the 2025 Finance Bill: Development issues in the DRC

Kinshasa, September 16, 2024 –

At the beginning of this political week, excitement reigns in the heart of Kinshasa as Prime Minister Judith Suminwa presented the 2025 Finance Bill to the Bureau of the National Assembly. The latter, of a substantial magnitude at 49,847 billion Congolese francs, represents a significant increase compared to the previous financial year. The announcement of this budget, estimated at 18 billion US dollars, is also accompanied by the bill on accountability for the 2024 financial year, as well as the draft amending budget bill for the same year.

In an economic context marked by external shocks such as the conflicts in Ukraine and the Middle East, the head of government stressed the need to anticipate the repercussions of these events on the Congolese economy. Judith Suminwa highlights the reforms envisaged in various sectors, including the stabilization of the exchange rate to preserve the purchasing power of citizens. Emphasis is also placed on investments, with a significant increase in resources allocated to agriculture and education.

The Prime Minister emphasizes the government’s desire to continue implementing the local development program for the territories of the DRC, initiated by President Félix Tshisekedi. Rural development and infrastructure, such as roads and waterways, occupy a prominent place in government priorities. Large-scale projects such as the deep-water port of Banana and the Grand Inga project demonstrate the desire to boost the national economy and attract private investors.

At the same time, the fight against corruption and improving the business climate are at the heart of the government’s concerns. Rigorous management of public expenditure, reform of the justice system to ensure true equity, as well as measures to strengthen the country’s defense and security, are among the priorities mentioned by the Prime Minister.

In a regional context marked by security, political and economic challenges, the DRC is committed to continuing its quest for stability and prosperity. The ambitions displayed by the government reflect a desire for transformation and modernization, while remaining attentive to the social and environmental issues that shape the country’s future.

In short, the presentation of the 2025 Finance Bill marks a crucial moment in the direction of the economic and social development of the Democratic Republic of Congo. All the measures announced by the government demonstrate a strong desire to address current challenges and build a promising future for the entire Congolese population.

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