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Finances: 650.7 billion CDF mobilized as of 15 January 2025

24/01/2025
Source : ORISHAS FINANCE
Categories: Sectors

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An economic note economic from the Central Bank of Congo (BCC) mentions that on January 15, the financial authorities of the Democratic Republic of Congo mobilized an amount of 650.7 billion CDF, equivalent to & agrave; approximately 229 million USD

.

The BCC note indicated that “State revenues reached 650.7 billion CDF in the period under review. The participation of the financial authorities is as follows: the revenues from the General Directorate of Taxes (DGI) amounted to 262.9 billion CDF, those from the General Directorate of Customs and Excise (DGDA) to 154.8 billion and the revenues of the General Directorate of Administrative, Judicial and Participation Revenues (DGRAD) reached 110.8 billion”. During this period, public expenditure amounted to CDF 502.3 billion, of which CDF 326.8 billion concerned current expenses and 110.0 billion CDF spent

on capital.

Les résultats de l' auction of January 07, 2025 indicates that, out of an expected amount of USD 70.0 million in Treasury Bonds with a maturity of 18 month, at an interest rate of 9% per year, the government raised 40.0 million USD, representing all subscriptions received. The coverage rate was 57.14%. As of January 14, 2025, the overall stock of securities was increased to CDF 3,550.1 billion.

Efforts to increase domestic resource mobilization are expected to continue in 2025, in line with the Government Action Programme (PAG) over the period 2024—2028.
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