The Democratic Republic of Congo (DRC) is currently at the heart of major concerns regarding public finance management. Recently published figures reveal an under-consumption of planned expenditures for the month of October 2024, which raises questions about budget planning and execution.
According to available data, public expenditures reached 2,698.2 billion Congolese Francs (CDF) out of a planned envelope of 3,201.1 billion Congolese Francs (CDF), an execution rate of 84.3%. This observation highlights a certain inefficiency in the use of budgetary resources, accentuated by the fact that current expenditures exceeded their forecasts by 17%.
Among the main items that contributed to this increase in current expenditures, we find the salaries of State agents and civil servants, as well as the operating costs of institutions and ministries. These items absorbed a significant share of the budget, highlighting the need to streamline expenditures related to the day-to-day management of the administration.
However, despite this overrun in current expenditures, capital investments fell far short of expectations, with an execution rate of only 37.6%. This raises concerns about the country’s ability to invest in infrastructure and economic development projects, which are essential to boost long-term growth.
In addition, exceptional expenditures were also recorded, slightly exceeding the amount initially planned. This situation highlights the need for more rigorous management of public finances, combined with greater transparency in the allocation and use of resources.
Economic experts stress the importance for the Congolese government to take rapid measures to improve public expenditure management. Structural reforms may be necessary to optimize the allocation of resources and ensure that funds are used efficiently, with the aim of fostering the country’s sustainable development.
In conclusion, these data on public expenditure in the DRC highlight the need to rethink budgetary policies and strengthen control and transparency mechanisms. Only prudent and efficient management of public finances will ensure optimal use of resources and promote sustainable economic growth for the well-being of all Congolese citizens.