DRC Government Aims to Mobilize $18 Billion Budget in 2027
Translated from French, summarized and contextualized by DistantNews.
At a glance
- The Democratic Republic of Congo's Vice Prime Minister and Budget Minister, Adolphe Muzito, aims to mobilize $18 billion in domestic revenue by 2027 and $40 billion by 2035.
- These targets were discussed during budget consultations with various sector ministers in Kinshasa, focusing on allocations for the 2027 budget.
- The plan involves a projected revenue progression, with current revenues expected to rise from $15.3 billion in 2026 to $18 billion in 2027.
The Democratic Republic of Congo is setting ambitious revenue targets, with Vice Prime Minister and Minister of Budget Adolphe Muzito envisioning a budget of $18 billion in domestic revenue by 2027 and a substantial $40 billion by 2035. These projections emerged from consultations held in Kinshasa on July 31, 2026, involving ministers from various sectors to discuss allocations for the upcoming 2027 budget. The ten-day budgetary conferences, which began the preceding Wednesday, are intended to culminate in the drafting of the preliminary finance bill for the following year.
Muzito urged participants to make these discussions a forum for "budgetary truth and responsibility." He outlined a trajectory for the 2027 budget, projecting a 14% growth rate compared to the current year's 12.5%, with an average of 15% anticipated for 2028 and 2030. The long-term goal is to push this progression beyond 17% by 2035. This dynamic growth is expected to see current revenues increase from an estimated $15.3 billion in 2026 to $18 billion in 2027, and further to $21 billion in 2028.
The minister emphasized that the envisioned revenue levels must reflect the DRC's true fiscal potential, adhering to the principles set forth in the public finance law. He called upon financial agencies and tax collection services to intensify their efforts to maximize revenue collection. The government's strategy hinges on leveraging the nation's fiscal capacity to achieve these significant financial goals, aiming for a substantial increase in state resources over the next decade.
Originally published by Radio Okapi in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.