Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

DRC: Public Revenues Dwindle as Conflict in East Persists

DRC: Public Revenues Dwindle as Conflict in East Persists

Due to the war in the Eastern region, the Democratic Republic of Congo (DRC) is missing out on 4.5% of its budget. Finance Minister Doudou Fwamba revealed this on April 9, 2025 during a press conference. The 2025 Finance Act projects revenues of 51,553.6 billion Congolese francs (CF), but this shortfall could reach 2,319.9 billion CF—nearly one billion dollars.

Since January, rebel groups M23/AFC have seized key eastern towns including Goma, Bukavu, Masisi, Minova, and Walikale. Their occupation disrupts public administration and slows regional economic activity.

“Strategies are being developed to close this gap,” Fwamba assured, though he offered no specifics. Meeting the government’s goal to boost internal revenues 30% over 2024 looks doubtful. Customs and excise revenues—expected at 7,769.1 billion CF—are especially hit by blocked trade routes and port shutdowns.

The 2025 Finance Law flags persistent eastern insecurity as a “major risk to public finances”, threatening budget balance, policy funding, and economic stability.

Budget pressures deepen with rising military costs. An unplanned salary doubling for soldiers and police since March forced government cuts, though details remain undisclosed.

This article was initially published in French by Boaz Kabeya (intern)

Edited in English by Ola Schad Akinocho

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
new-gecamines-chief-faces-governance-test-under-u-s-drc-partnership
DRC President Félix Tshisekedi has appointed Baraka Kabemba as director general of state miner Gecamines, nearly three weeks after the first meeting of...
we-see-a-structural-copper-shortage-emerging-olivier-binyingo-chairman-of-kamoa-copper
In 2025, the development of the Kamoa-Kakula copper complex, the largest in the Democratic Republic of the Congo (DRC), was marked by two major events: a...
soraya-aziz-to-lead-drc-electricity-regulator-amid-push-for-private-investment
Soraya Aziz was appointed Director General of the Democratic Republic of Congo’s Electricity Regulatory Authority (ARE), according to presidential decrees...
drc-reshuffles-leadership-at-gecamines-sakima-and-sokimo
Three state-owned mining companies in the Democratic Republic of Congo (DRC) have undergone leadership changes following presidential decrees read on...

African Economies

MOST READ

Please publish modules in offcanvas position.