***Fatshimetrie***
The management of public finances in the province of South Kivu has been at the center of all attention since the new government team led by Governor Jean-Jacques Purusi took office. Indeed, the current team inherited a colossal debt of 17.2 billion Congolese francs, left by the outgoing government under the leadership of his predecessor Théo Ngwabidje Kasi. This debt, which is equivalent to approximately 6.5 million US dollars, weighs heavily on the province’s finances.
This revelation was made by the provincial Minister of Finance and Economy, Bernard Muhindo, during a question-and-answer session with provincial deputies of South Kivu. According to the details provided by the minister, this debt is broken down into different categories, ranging from social debts to financial debts, including interest to be repaid.
Social debts represent a significant portion of this debt, amounting to more than 13.7 billion Congolese francs, or approximately 5.2 million dollars. Financial debts amount to approximately 2.4 billion Congolese francs, to which are added specific financial debts amounting to 341.6 million Congolese francs. The interest to be repaid on these financial debts was also mentioned, with a total amount exceeding 9 million Congolese francs, as well as late payment interest amounting to more than 780 million Congolese francs.
Faced with this precarious financial situation, the provincial deputies questioned the Minister of Finance and Economy and made recommendations aimed at improving the management of public finances in the province. It is essential that adequate measures be taken to resolve this debt and ensure transparent and efficient management of public resources.
The weight of this debt suggests significant challenges for the new government team in South Kivu, which will have to demonstrate rigor and transparency to redress the financial situation of the province. It is crucial that concrete actions be taken to clean up public finances and ensure sustainable economic development in the region.
In conclusion, the current financial situation in South Kivu calls for responsible and informed management of public resources, in order to guarantee a stable and prosperous future for the province and its inhabitants. The challenges are numerous, but with effective and transparent management, it is possible to overcome obstacles and build a better future for all.