Public revenues of the Congolese state experienced a significant increase in January 2024, reaching an impressive amount of 2,100.9 billion Congolese Francs (CDF), the equivalent of more than 795.7 million US dollars. This is what the monitoring table of the financial situation of the State, established by the Central Bank of Congo (BCC), reveals.
According to this report, the country’s various financial authorities, namely the General Directorate of Taxes (DGI), the General Directorate of Customs and Excise (DGDA) and the General Directorate of Administrative Revenue (DGRAD), managed to collect a total of 1,646.8 billion Congolese Francs (CDF) in the month of January 2024 alone, which is equivalent to approximately 623.7 million US dollars.
Regarding government spending during this period, the BCC report indicates that it amounted to 2,078.7 billion Congolese Francs (CDF), or 787.3 million US dollars.
This financial analysis highlights a budget surplus of approximately US$8.4 million for the month of January 2024.
It should be noted that these figures exceed the initial forecasts established in the forecast cash flow plan, which forecast public revenues of around 1,348.5 billion Congolese Francs (CDF) and expenditures of 1,274.3 billion Congolese Francs. (CDF).
This increase in public revenue of the Congolese state in January 2024 is encouraging and demonstrates an improvement in the country’s financial situation. However, it is important to maintain this positive dynamic in order to guarantee the economic stability and sustainable development of the Democratic Republic of Congo.
In conclusion, the Congolese government’s revenue services recorded record public revenues in January 2024, with an amount exceeding 2,100.9 billion Congolese Francs (CDF). This performance demonstrates the efforts made by the country’s financial authorities to increase revenues and thus contribute to the country’s economic development. It is essential to maintain this positive trend in order to ensure sound financial management and support the growth of the Democratic Republic of Congo.