In September 2024, the Democratic Republic of Congo (DRC) mobilized 2,583.4 billion Congolese francs (CDF), representing 90.8% of the monthly forecast of 2,845.2 billion Congolese francs (CDF).
This performance is the result of active fiscal management and increased commitment on the part of the financial authorities.
Revenues from the Direction Générale des Impôts (DGI) totaled 1,879.6 billion Congolese francs (CDF), slightly below expectations of 1,897.6 billion CDF.
The tax authorities hope that adjustments in the final accounting will improve these figures.
The Direction Générale des Douanes et Accises (DGDA) also contributed with 465.4 billion Congolese Francs (CDF), against a projection of 506.3 billion Congolese Francs (CDF) during the September 2024 fiscal deadline.
The Direction Générale des Recettes Administratives et Domaniales (DGRAD) mobilized 236.7 billion Congolese francs (CDF), against a forecast of 373.6 billion CDF.
Despite these mixed results, the execution of the State’s cash flow plan resulted in a surplus of 80.8 billion Congolese francs (CDF), although this was below the programmed target of 169.8 billion Congolese francs (CDF). This underlines the continuing challenges in budget management.
The authorities attribute this in part to a lack of optimization in revenue collection. Efforts are underway to strengthen administrative capacities and improve the efficiency of tax systems.
Experts believe that revenue mobilization could improve over the coming months thanks to greater tax awareness and strict enforcement of tax laws. Particular attention will be paid to broadening the tax base.
The Minister of Finance emphasized the importance of collaboration between the various tax authorities to achieve budget targets. This synergy is crucial to ensure adequate financing of public projects.
In the long term, the Congolese government aims to strengthen transparency and accountability in the management of public finances. This should contribute to greater investor confidence and sustainable economic growth.
Mitterrand MASAMUNA