The Democratic Republic of Congo undertakes to improve the management of its public accounts by adopting the bill on the rendering of accounts of the finance law for the financial year 2022. Presented by the Minister of Finance Nicolas Kazadi during the 101st meeting of the Council of Ministers, this text essentially aims to provide a framework for the power to amend regulations, as well as the movement of appropriations and specific procedures.
According to the report of the meeting held on June 9, 2023, the general budget was executed to the tune of 26,160.70 billion FC in revenue, i.e. an achievement rate of 117%, and 28,641.15 billion FC in expenditure, ie an execution rate of 128.71%. Compared to the year 2021, the year 2022 ends with an increase in both revenue and expenditure respectively of the order of 63.65% and 78.33%. However, the general budget shows a deficit balance of FC 3,481.73 billion as of December 31, 2022, while the annex budget and special accounts each show a surplus balance at the closing respectively of the order of FC 9,034 billion and FC 991. .94 billion CF, which results in a cumulative deficit balance of the central government budget of 2,480.45 billion CF.
Within the framework of article 84 of the law relating to public finances which stipulates that the bill relating to the presentation of accounts for the last closed financial year must be tabled in the National Assembly no later than 15 May of the year following that of the execution of the budget to which it relates, the government has adopted this text. It will be sent to Parliament for validation and closure of the expenditure and revenue planned and authorized under Finance Law No. 21/029 of December 31, 2021.
This measure illustrates the political will of the DRC to modernize its population identification and census system. With a view to sustainable future development, the country is investing in improving the management and transparency of its public accounts. The implementation of such measures will strengthen the confidence of foreign investors and stimulate the economic development of the DRC.
In short, the Democratic Republic of Congo undertakes to guarantee rigorous management of its public finances by adopting measures aimed at regulating the power of regulatory modification and specific procedures. This political will goes hand in hand with the modernization of the population identification and census system, which promises a more transparent and sustainable future for the country.