The government of the Democratic Republic of Congo (DRC) adopted and sent to the National Assembly, a draft budget law, management 2019, balanced in revenue and expenditure to 10,352.3 billion Congolese francs (about 5.923 billion dollars), down 0.01% from 2018 (10,353.2 billion).
In terms of revenue, Kinshasa expects to mobilize 9,604.9 billion against 8,927.9 in 2018, an increase rate of 7.6%. In the appendix, the government expects $ 169.7 billion and $ 577.8 billion in special account receipts.
On the expenditure side, the nomenclature is almost the same: 9,604.9 billion under general budget expenditure, against 8,927.9 billion in 2018, an increase of 7.6%, 169.7 billion as ancillary expenditure and 577.7 billions in special accounts expenditures.
It should be noted that for the year 2019, Kinshasa is banking on an exchange rate of 1790 Congolese francs for the dollar, against about 1650 currently. The government also plans to achieve a growth rate of 5.6% of gross domestic product (GDP) by the end of next year.
Rédacteur en chef de Financial Afrik. Basé à Lomé, Nephthali Messanh Ledy représente Financial Afrik depuis deux ans. Outre l’économie et les finances africaines, il est passionné de l’actualité internationale. Diplômé en Commerce International et en Marketing – Communication, il s’intéresse également aux réseaux sociaux et au football.
