#PoliticoCD. | DRC: 7,182.2 billion FC or 3.5 billion USD allocated to investment projects in 2022

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The Prime Minister, Jean-Michel Sama Lukonde, presented, on Monday, November 15, 2021, the general economy of the draft Budget 2022, before the National Assembly, in the presence of members of his government.

In this draft budget estimated at 20,730.1 billion Congolese francs, it has provided for several projects in all sectors of national life, in particular investment.

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Sama Lukonde explained that the investment expenditure is estimated at 7.182.2 billion Congolese Francs or 3.5 billion USD; compared to their initial level of 2021, amounted to 4,271.3 billion Congolese Francs, this item, he said, achieved an increase rate of 68.1%.

The investment expenditure planned by the Government breaks down as follows: investments on own resources: 4,407.8 billion Congolese Francs and investments on external resources: 2,774.3 billion Congolese Francs.

Regarding investments from own resources, the Prime Minister underlined that they will cover the projects of the Central Government amounted to 1.957.1 billion Congolese Francs, the government counterpart of an import of 111.5 billion Congolese Francs, the projects development of the Provinces in the amount of 1,321.4 billion Congolese Francs as well as the fund intended for the national equalization fund in the amount of 1,017.8 billion Congolese Francs.

In this draft budget estimated at more than 10 billion US dollars, he provided for several projects in all sectors of national life, in particular the construction of buildings to house the Courts of Peace in 145 territories, the pacification and stabilization of the East, the acquisition of computer equipment for the digitization of financial administrations, the electrification by solar energy of 145 territories and 15 provincial capitals, as well as support for the development of the Inga site.

The main projects to be funded for 2022 according to the government are:

• Erosion control works across the country;

• Acquisition of equipment for the installation of optical fiber for migration to the CUCM telephone system;

• The construction of buildings to house the Courts of Peace in 145 territories;

• The pacification and stabilization of the east of the country;

• The rehabilitation and construction of the infrastructure to house the IXth Games of La Francophonie;

• The construction of new military barracks as well as the rehabilitation of the base of Kitona and Kamina;

• The acquisition of computer equipment for the digitization of financial administrations;

• Creation and deployment of the recipe chain;

• The rehabilitation of prisons across the country;

• The construction, rehabilitation and maintenance of roads, roads and public buildings with a view to opening up the country;

• Modernization of the parks of the Kinshasa International Fair;

• The acquisition of equipment necessary for the certification of reserves.

The Head of Government nonetheless recognized that the challenges facing his government are enormous, but he reaffirmed his determination to work for the social well-being of the Congolese.

Dominique malala

Source: PoliticoCD.

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