In Tanganyika Province, provincial deputies recently adopted the edict on the accountability for the 2023 budget year. Under the chairmanship of Cyril Kimpu Awel, this decision follows the hearing of the Ecofin Committee report, highlighting a budget execution rate of 41.33%. However, gaps have emerged in revenue mobilization and investments made, posing challenges for the effectiveness of future budgets.
According to information presented by the interim rapporteur of the Ecofin Committee, provincial deputy Kasangu Nduba Papy, capital expenditures represented a low percentage of the total budget, with an execution rate of only 3.19%. This data underlines the need for the provincial government to reconsider its strategy and prioritize investments in future budgets.
The recommendations of the Ecofin Committee are clear: it is imperative to stop sacrificing the investment sector, to strengthen the capacities of tax service agents and to subject them to performance contracts in order to optimize revenue collection. Furthermore, it is crucial that the government presents in the future the draft edict on the rendering of accounts in a timely manner in accordance with the legislation in force.
This situation reveals not only challenges in terms of budget management, but also opportunities for improvement and optimization of financial resources. By focusing on efficiency, transparency and accountability, the province of Tanganyika can embark on a path to more efficient and sustainable financial management, for the benefit of its citizens and its economic development.
In conclusion, the adoption of the edict on the rendering of accounts for the 2023 financial year by the provincial deputies of Tanganyika marks an important step in the financial governance of the province. However, there are still challenges to be overcome and adjustments to be made to ensure optimal and transparent budget management, in line with the needs and expectations of the population.