Constrained by a gloomy international context, the Congolese executive is readjusting its budgetary strategy without sacrificing its development ambitions. On Tuesday, July 7, during an extraordinary session of the Senate, the Deputy Prime Minister in charge of the Budget, Adolphe Muzito, presented a draft supplementary budget law.

Balanced at US$21.9 billion (or FC50,295 billion), this supplementary budget relies on pragmatism and targeted investments.

A 7.4% decrease dictated by the decline in external financing

The overall budget has undergone austerity measures compared to initial projections (which anticipated USD 22 billion), showing a decrease of 7.4% . According to Adolphe Muzito, this decline is a direct result of reduced external financial support.

The breakdown of this revised envelope is as follows:

1. General budget: USD 19.8 billion (down 7.5%)
2. Special accounts: USD 1.78 billion (down 7.3%)
3. Supplementary budgets: USD 389.6 million (down 7.3%)

The executive's objective: To make rigorous choices to protect strategic spending and maintain public investment efforts.

Current revenues on the rise: the national effort intensified

Good news on the domestic resources front: current revenues are increasing, rising from $14.4 billion to $15.2 billion (+$739.5 million). This boost allows the government to refocus its sectoral priorities:

1. Investments from own resources: USD 162 million
2. Exceptional expenses: USD 360 million
3. Transfers and subsidies: USD 87 million
4. Payroll: 45 million USD

Eurobonds and Treasury bonds to support growth

To compensate for the revenue shortfall and finance its major infrastructure projects, the Democratic Republic of Congo is activating new financial levers. The government is thus incorporating an initial tranche of Eurobonds amounting to $650 million .

In addition, Treasury bond issuances will be increased by $308 million to stabilize the deficit. With this revised budget, the government is attempting to maintain fiscal discipline while protecting the drivers of national economic growth.