In the financial mysteries of the Democratic Republic of Congo, through the prism of its public expenditure, alarming figures are emerging that call for a deep reflection on the economic management of the country. The Central Bank of Congo (BCC) reveals in an economic situation note a disturbing reality: the Congolese State’s expenditures were estimated at 2,822.9 billion Congolese francs, or nearly 99.7% of the monthly programming initially planned.
A careful analysis of the distribution of disbursements raises questions about the allocation of these resources. Current expenditures, reaching 2,333.1 billion CDF, reflect an overrun of 15.3% compared to the established forecasts. Among these expenses, the salaries of public agents show a worrying note of 1,075.0 billion CDF, plunging into the shadow of other crucial sectors such as capital investments.
Indeed, investment spending, representing only CDF 99.5 billion, or only 23.7% of forecasts, highlights a major imbalance in the country’s economic direction. This low level of investment could compromise long-term growth prospects and slow down the long-awaited socio-economic development.
The government’s cash deficit, estimated at CDF 1,272.2 billion in the annual cumulative, highlights the urgency of a thorough budgetary reform. Public revenues of CDF 23,625.4 billion compared to public expenditures of CDF 24,897.6 billion highlight a significant financial gap, calling for more efficient and transparent management of resources.
Faced with this situation, economists recommend a proactive approach focused on increasing tax revenues, reducing unnecessary expenditures and fighting corruption. It is imperative to optimize available resources and redirect investments towards infrastructure projects to revive the economy and promote job creation.
In short, the management of public expenditure in the Democratic Republic of Congo requires a thorough review, a strategic reorientation towards productive investments and increased transparency to ensure sustainable and equitable economic development for the entire Congolese population.