Transparent Governance in the Democratic Republic of Congo: Certification of Losses in the Oil Sector


On this memorable day of December 25, 2024, the political and economic context of the Democratic Republic of Congo is marked by the signing of the minutes of certification of losses and shortfalls by Daniel Mukoko Samba, Deputy Prime Minister and Minister of National Economy. This solemn ceremony, which was held in the presence of various political and economic figures, symbolizes the culmination of lengthy discussions and analyses carried out within the framework of the Amortization Commission.

During this crucial event, it was revealed that the Congolese State owes the oil industry a net sum of USD 16,043,984, the result of a careful examination of the losses and shortfalls of oil companies. This amount comes in a context where the State’s losses averaged USD 340,796,000 per year, highlighting the importance of rigorous management of public resources linked to the price structure of petroleum products.

The work carried out within the Commission brought together key stakeholders from the public and private sectors, thus highlighting the importance of collaboration and constructive dialogue to reach satisfactory conclusions. Daniel Mukoko Samba also recalled the government’s firm commitment to maintaining this spirit of dialogue, a true cornerstone of transparent and effective governance.

Controlling losses and shortfalls of oil companies is a crucial issue for the Congolese State, both economically and financially. Indeed, these losses not only impact the proper functioning of companies in the oil sector, but also contribute to increasing public debt, thus highlighting the urgency of finding sustainable and efficient solutions to preserve the country’s financial balance.

Through this certification ceremony, the government demonstrates its commitment to transparency and accountability in the management of national resources, while ensuring that it maintains relationships of trust with private sector stakeholders. The success of this process attests to the political will to promote healthy and virtuous economic governance, guaranteeing a prosperous future for the Democratic Republic of Congo.

In conclusion, the signing of the minutes of certification of losses and shortfalls by Daniel Mukoko Samba illustrates the commitment of the Congolese government to responsible management of public resources and fruitful collaboration between the various stakeholders in the oil sector. This approach demonstrates a strong political will to place integrity and transparency at the heart of public action, with the aim of promoting the country’s economic and social development.

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