The Economic, Financial and Budgetary Control Commission (ECOFIN) occupies a central place in the Congolese political landscape, particularly during the recent plenary session of 16 October. Indeed, it was during this session that the members were appointed, headed by National Deputy Guy Mafuta as President. This appointment is of capital importance in the current context marked by the examination of the amending finance law for the 2024 financial year and the accountability law for the 2023 financial year.
Guy Mafuta, aware of the heavy task incumbent upon him, has committed to ensuring rigorous monitoring of the revised budget, amounting to nearly 17.79 billion dollars. As a pillar of the ECOFIN commission, he has committed to supporting the government in implementing its budgetary vision, while ensuring that budget overruns and low disbursement rates that have been observed in the past are avoided.
The ECOFIN Committee, with its 70 members, therefore intends to play a key role in controlling and monitoring the execution of the budget, ensuring that the financial law is respected and that any discrepancies are quickly corrected. This mission of constant monitoring and early warning is of crucial importance in guaranteeing transparency and good management of public finances.
In a context where economic and financial issues are increasingly complex, the ECOFIN Committee aims to be a bulwark against any budgetary drift and a guarantor of the proper use of the country’s financial resources. With a solid and determined team, like its members Patrice Kitebi, Jonathan Bialosuka, Ida Kitwa and Emmanuel Mukundi, Guy Mafuta intends to take up the challenge and ensure careful monitoring of the draft amending finance laws and accountability laws submitted for its examination.
In short, the ECOFIN Committee is positioning itself as a key player on the Congolese political scene, called upon to play a crucial role in the control and regulation of public finances. With the appointment of Guy Mafuta as its head, a new dynamic and a renewed desire for transparency and responsibility are emerging, for the good of the national economy and respect for the principles of good financial governance.