Following the communication from the President of the Republic, Prime Minister Jean-Michel Sama Lukonde informed the Council of Ministers of the broad outlines of the weekly meeting of the Economic Situation Committee, which was extended to the Congolese employers that he chaired last Wednesday, March 27. This meeting, he said, aimed to examine the situation of the business climate in the Democratic Republic of Congo as well as the economic situation of the populations.
Regarding the business climate, he recalled the government decision taken in September 2023, imposing the payment of duties, taxes and other fees due to the State in Congolese francs from April 1, 2024. “This measure is part of as part of the policy aimed at dedollarizing our economy. As a socio-economic partner of the government, the FEC was invited to raise awareness among its members for the full application of this measure,” argued Sama Lukonde in the report of the 131st meeting of the Council of Ministers held Friday March 29, 2024.
On the subject of the socio-economic situation, the Prime Minister expressed the government’s concern regarding the poor performance recorded by the financial authorities observed for the month of March 2024. “In this regard, the Minister of Finance has been tasked with to examine the causes of this poor performance and to produce a report with corrective measures,” adds the report.
Since the beginning of this year, the government has been experiencing difficulties in revenue mobilization as part of the execution of the 2024 budget. In addition to low revenue mobilization, the government is also facing a complex budgetary situation due to increasing expenditure. linked to the continuation of the war in the East between the FARDC and the M23 rebels supported by Kigali.
To deal with this situation, the government plans to draw up an amending budget in order to readjust financial allocations and guarantee funding for military and humanitarian operations in the region. This is part of the recommendations of the Minister of Finance, Nicolas Kazadi, to deal with this situation.
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2024-04-01 09:22:56
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