The signing ceremony of the minutes of certification of losses and shortfalls of oil companies, chaired by the Deputy Prime Minister, Minister of National Economy, Daniel Mukoko Samba, marks an important milestone in the transparency and financial governance of the oil sector in the Democratic Republic of Congo. During this crucial meeting, the results of the work of the Amortization Commission demonstrated the commitment and rigor of the stakeholders in the management of public resources in this strategic area.
The figures revealed during this ceremony are impressive: the Congolese State owes the oil profession a net amount of USD 16,043,984, resulting from the cross-referencing of losses and shortfalls of oil companies and State receivables. This certification process has highlighted the virtuous practices implemented over the years, resulting in an average of controlled losses and shortfalls, compared to previous years.
The work initiated by the Depreciation Commission brought together a diversity of actors, representing both public and private structures involved in the oil sector. This close collaboration between the different stakeholders fostered constructive dialogue and a better understanding of the economic and financial issues related to the oil industry.
Daniel Mukoko Samba’s intervention, highlighting his commitment to maintaining dialogue, underlines the importance of open and transparent communication in the management of resources and relations between the public and private sectors. The firm determination displayed by the Minister of National Economy in favor of increased control of losses and shortfalls reflects a global vision aimed at improving the country’s economic performance and reducing the financial impact of the gaps observed.
By concluding this certification process with the full reimbursement of certified losses and shortfalls, the Congolese State is sending a positive signal to the actors in the oil sector, strengthening mutual trust and financial stability. The transparency and rigor displayed during this ceremony are the guarantee of responsible and proactive governance, essential to ensure the sustainable and balanced development of the national economy.
This crucial step in the management of the oil resources of the Democratic Republic of Congo offers a promising perspective for the future, based on principles of good governance, collaboration and economic performance. The lessons learned from this certification work pave the way for more ambitious initiatives and enhanced cooperation to ensure the prosperity and stability of the Congolese oil sector..
The signing ceremony of the minutes of certification of losses and shortfalls of oil companies will remain a landmark event in the country’s economic history, symbolizing the transition to more efficient and transparent management of national energy resources.