“Congolese government: a significant reduction in emergency procedure spending in the first quarter of 2023”

In the first quarter of 2023, the Congolese government’s emergency procedure expenditures saw a significant drop of 59% compared to the previous year. This reduction represents 11.8% of total government spending, which marks an improvement compared to previous quarters. Total government spending reached 4,095.18 billion Congolese Francs (CDF), down compared to the previous quarter. Although the government did not achieve its goal of limiting emergency procedure spending to 10%, this reduction shows progress in the country’s financial management. This reduction reflects the government’s efforts to rationalize its spending and improve transparency in the use of public funds, thus promoting the country’s development.

“The Congolese government repays the debts of oil companies, ensuring the stability of the sector and preserving the purchasing power of citizens”

The government of the Democratic Republic of Congo has announced that it will repay the debts of oil companies to preserve the purchasing power of the Congolese. The reimbursement will be made in two payments and will avoid a fuel stock shortage. Oil companies welcomed the decision with relief, stressing that it would enable them to fulfill their commitments to their suppliers and partners. This decision reflects the government’s commitment to protecting the national economy and guaranteeing the well-being of Congolese citizens. It also strengthens confidence in the oil sector by emphasizing the importance of transparency and accountability in the management of public finances. This decision is positive news for the oil sector and the country’s economy as a whole.

“Support for women sellers in Kenge: The curfew pushed back in Kwango province”

In a gesture of support for the sellers of Kenge, the province of Kwango has extended the curfew from 8 p.m. to 10 p.m. This decision aims to enable women to continue selling their products despite the challenges they face. In the context of continued attacks by the Mobondo militia and population displacements, the provincial government remains mobilized to ensure the security of the region. The extension of the curfew is a way of providing concrete support to women sellers, who play a crucial role in the local economy. Despite the challenges, the authorities are determined to guarantee the safety and well-being of the people of Kwango.

“145 territories in the DRC: the IGF in action in Mbuji-Mayi to guarantee the success of the development program”

The article highlights the visit of a large delegation from the General Inspectorate of Finance (IGF) to Mbuji-Mayi, as part of the program for the 145 territories in the Democratic Republic of Congo. The objective of this visit is to discuss with the Attorney General the evolution of the program and to resolve any problems. The IGF plays a key role in the transparent and efficient management of the financial resources allocated to this ambitious project, working in collaboration with other institutions to ensure its success. This visit demonstrates the Congolese government’s commitment to ensuring transparency and efficiency in the implementation of development projects.

“The crucial visit of the General Inspectorate of Finance to Mbuji-Mayi to evaluate the program of the 145 territories”

The General Inspectorate of Finance (IGF) went to Mbuji-Mayi to evaluate the development program for the 145 territories, initiated by President Félix-Antoine Tshisekedi. The delegation met with local judicial authorities to discuss the constraints and solutions needed to ensure the effective implementation of the program. This visit highlights the Congolese government’s commitment to promoting territorial development and improving the living conditions of citizens. The IGF provides its expertise to ensure transparency and efficiency in the management of resources allocated to this program. Close collaboration with judicial authorities is crucial to overcoming obstacles and ensuring the success of the development program. The Congolese government is determined to move the country towards a better future.

The DRC government repays its oil debt to preserve the purchasing power of the Congolese and support the industry

The government of the Democratic Republic of Congo has announced that it will repay its debt to oil companies in order to protect the purchasing power of the Congolese. This decision aims to avoid a shortage of fuel stocks in the country. Oil industry stakeholders welcomed this initiative which will stabilize the sector and strengthen the country’s economy. This is an important measure which demonstrates the government’s desire to support the oil industry and preserve the purchasing power of Congolese citizens.

Democratic Republic of Congo: The evolution of the Local Development Program under the watchful eye of the General Inspectorate of Finance

The Local Development Program in the Democratic Republic of Congo is encountering problems according to the General Inspectorate of Finance. An IGF delegation noted disappointing progress in some territories, despite the optimism of the IGF deputy head. The conformity of works and the use of quality materials are major concerns. The work is progressing despite the constraints. Urgent needs in education and road infrastructure were also highlighted. Despite the difficulties, the IGF remains committed to the development of the country.

The Congo Entrepreneurship Guarantee Fund (FOGEC) provides $1.8 million in financing to Congolese entrepreneurs to develop their innovative projects

The Congo Entrepreneurship Guarantee Fund (FOGEC) granted funding to 90 Congolese entrepreneurs during a ceremony in Kinshasa. This funding, totaling $1.8 million, aims to support the development of micro, small and medium-sized businesses across the country. The amounts awarded vary depending on the size of the projects, ranging from $1,500 to $50,000. This initiative promotes social inclusion by also supporting unemployed entrepreneurs, people living with a disability, as well as a person living with albinism. FOGEC plans to extend its action to all provinces of the country and aims to achieve total funding of five million dollars by the end of the year, in order to support around 500 Congolese entrepreneurs. In collaboration with banking institutions, FOGEC also guarantees advantageous credit conditions to beneficiaries. This initiative contributes to the economic growth of Congo and offers new perspectives for the development of entrepreneurship in the country.

“The imminent completion of the Nzolana road in Kinshasa: a major step forward for the connectivity and development of the commune of Ngaliema”

The Nzolana road, linking the UPN and Kimbwala districts to Kinshasa, is soon to be completed thanks to work undertaken by the Congolese Major Works Agency and its Chinese partners. Despite some obstacles, such as the expropriation of local populations, the work is progressing well and could be completed by the end of December. Once completed, this road will improve traffic and connectivity between neighborhoods, thereby contributing to the economic development of the region. The finalization of the Nzolana road is proof of the efforts made by the Congolese government to improve the country’s infrastructure.

“SICOMINES renovates the Kapata district office to improve the community’s living conditions”

The renovation of the Kapata district office, funded by SICOMINES, was celebrated by the local community of Dilala, DRC. The office, which was previously in ruins, was transformed into a functional and welcoming space thanks to the intervention of the mining company. The residents are grateful to SICOMINES for having responded to their needs and contributed to improving their living conditions. This rehabilitation is part of a five-year agreement between the company and the community, which also includes other development projects such as the construction of a technical school and a health center. The official handover ceremony of the renovated office demonstrated SICOMINES’ commitment to local communities and the socio-economic development of the region.