Title: Tax revenue issues in the Democratic Republic of Congo
For several years, the assessment services of the Government of the Democratic Republic of Congo have experienced a significant mobilization of tax revenues. Indeed, according to data from the Central Bank of Congo, these revenues reached a total of 1,842.3 billion Congolese francs at the end of October 2024. This performance represents 74.2% of the initial forecasts, thus demonstrating good management of public finances.
One of the notable characteristics of these revenues is the diversification of sources of income for the Congolese State. Tax revenues, which represent the majority of income, amounted to 1,380.3 billion Congolese francs. These figures include direct and indirect taxes, with a significant contribution from the General Directorate of Taxes (DGI) and the General Directorate of Customs and Excise (DGDA). At the same time, non-tax revenues, including administrative, state and judicial revenues, reached 462.1 billion Congolese francs.
However, despite these encouraging results, the lack of payments from SICOMINES represents a risk to the budgetary balance. It is imperative that the authorities find solutions to guarantee these funds and improve the overall financial situation of the State.
It is also essential to improve efficiency in tax revenue collection. Reforms may be necessary to optimize the tax system and reduce the gaps between forecasts and achievements. Constructive dialogue between the Government and the private sector could promote better tax compliance and strengthen public finance management.
Thus, the current situation calls for strategic thinking on the country’s tax and budgetary policies. Structural reforms will be crucial to ensure sustainable economic growth and sound public finance management in the Democratic Republic of Congo.
In conclusion, despite persistent financial challenges, commitment to transparent and effective governance of public resources is essential to ensure the country’s economic and social development. Encouraging good governance and financial accountability is essential to ensure a prosperous future for the Democratic Republic of Congo.