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DRC: Parliament Approves 2025 Finance Draft Bill

DRC: Parliament Approves 2025 Finance Draft Bill

In the Democratic Republic of Congo (DRC), the National Parliament approved the 2025 finance draft bill. Approved on November 1, the draft bill amounts to 49,846.8 billion Congolese francs (about $17.5 billion). This is 21.6% more than the 2024 budget–40,986 billion Congolese francs (approximately $14.3 billion). 

The new budget was presented by Prime Minister Judith Suminwa Tuluka on October 31. 

In her presentation, the PM highlighted key priorities to bolster the country’s economy and infrastructure. 

Under the new budget, investment appropriations should be up 18.2%, raising their share of the overall budget to 48.4% in 2025 from 15.1% in 2024. Security spending has been raised by 25.2%, to tackle the ongoing crisis affecting parts of the population, especially in the eastern region.

The new budget allocated 16.4% more funds to agriculture than last year. Meanwhile, rural development will receive a 13.7% boost to create economic opportunities outside major urban areas and improve local infrastructure.

"This budget is our commitment to a diversified economy and strengthening social and economic infrastructure," said PM Tuluka. She stressed that the budget will support the government's Action Program, which focuses on six strategic pillars tackling structural issues in the DRC.

Last June, the Congolese government unveiled a $93 billion five-year plan for 2024-2028, targeting economic diversification, land protection, territorial planning, and sustainable environmental management key priorities for the DRC amid climate change and development challenges.

To finance these goals, the government plans strict fiscal and administrative reforms, including broadening the tax base and combating fraud and tax evasion to increase internal resources and ensure stable funding for its programs.

It is worth noting the DRC currently faces various economic and security challenges. Despite these issues, growth prospects remain positive. The Congolese government forecasts a growth rate of 5.7% for 2025, slightly down from the estimated 6.4% for 2024. These projections are more optimistic than those from the International Monetary Fund (IMF), which expects growth of 5% in 2025 and 4.7% in 2024.

Charlène N’dimon, Ecofin Agency

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