Thursday, 21 May 2020

KINSHASA: CENTRAL GOVERNMENT HAS SO FAR RETURNED USD36M TO PROVINCES


A report from the General Directorate of Policy and Budget Programmes has revealed that  the central government in Kinshasa only managed to return USD 361, 431 million of revenue collection to provinces across the country; dating from January to April 2020; that is about 54% of the USD 665 million that was  initially forecast for the same period.

The money was channeled through the payments of expenditure costs incurred by the provinces.

According to the report, the Province of Kinshasa received the largest relief with a sum of USD103m; followed by Haut-Katanga,which had secured USD 28m.

The budget allocation to provinces for the year 2020 has been provisioned at an estimated sum of USD2 billion.

Congo's Constitution and law on decentralisation, requires the central government to return to provinces 40% of revenue it collects from the extraction of resources and other economic activities from each province ; however  due to poor governance and high level of corruption this obligation has not always been met.

Some provinces such as that of ex-Katanga, which contributes the biggest portion to the country's GDP, have strongly spoken against government failure to implement this law, with some  leaders even going as far as calling for a complete independent.

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