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Draft 2023 budget: the government is targeting CF 12,833.9 billion from tax revenue and CF 3,168.4 billion from non-tax revenue
Maximizing public treasury revenue is one of the objectives pursued by the government.
It is in this vein that it plans to mobilize, during the 2023 fiscal year, a figure equivalent to nearly 12,833.9 billion Congolese Francs (6.4 billion US dollars) in revenue. taxes ; while non-tax revenues are projected at 3,168.4 billion Congolese francs.
According to sources close to the government, tax revenue is expected to increase by 80.0% compared to its level for the 2022 financial year, which was 7,130.9 billion Congolese francs.
This significant increase in tax revenue is justified by the significant contribution of the mining sector.
In detail, these revenues are made up of taxes on salaries: 1,939.1 billion Congolese Francs (i.e. 15.1% of tax revenues); taxes on profits and profits and on income from movable capital: 8,237.9 billion Congolese francs (i.e. 64.2% of tax revenue); value added tax (VAT): 2,568.9 billion Congolese Francs (i.e. 20.0% of tax revenue); other revenue: 88.0 billion Congolese Francs (i.e. 0.7% of tax revenue).
Our sources reveal that the revenue mobilized by the General Directorate of Taxes (DGI), for the month of August 2022 alone, is estimated at 860.7 billion Congolese Francs, equivalent to nearly 430 million US dollars.
On the other hand, the assignments of DGI revenues were set, during the same period, at 432.4 billion Congolese Francs, or nearly 216 million US dollars, representing an achievement rate of 199% at the end of August. 2022.
CF 3,168.4 billion of non-tax revenue
Still in its quest to bail out the coffers of the public treasury, the government plans to mobilize 3,168.4 billion Congolese Francs from non-tax revenues, equivalent to nearly 1.5 billion US dollars for the 2023 fiscal year.
These revenues should record an increase of 18.9% compared to their level for the 2022 financial year, where they amounted to 2,664.1 billion Congolese Francs.
According to sources close to the government, these revenues are driven by revenues from the mining, environment and land affairs sectors.
They are distributed as follows: administrative revenue: 1,000.8 billion Congolese francs (31.6% of non-tax revenue); judicial revenue: 145.4 billion Congolese francs (4.6% of non-tax revenue); state revenue: 1,932.6 billion Congolese francs (60.9% of non-tax revenue) and equity revenue: 89.6 billion CDF, or 2.8% of non-tax revenue.
*Ahh, Hello - Do you see what i see sitting in your own Backyard atm
Maximizing public treasury revenue is one of the objectives pursued by the government.
It is in this vein that it plans to mobilize, during the 2023 fiscal year, a figure equivalent to nearly 12,833.9 billion Congolese Francs (6.4 billion US dollars) in revenue. taxes ; while non-tax revenues are projected at 3,168.4 billion Congolese francs.
According to sources close to the government, tax revenue is expected to increase by 80.0% compared to its level for the 2022 financial year, which was 7,130.9 billion Congolese francs.
This significant increase in tax revenue is justified by the significant contribution of the mining sector.
In detail, these revenues are made up of taxes on salaries: 1,939.1 billion Congolese Francs (i.e. 15.1% of tax revenues); taxes on profits and profits and on income from movable capital: 8,237.9 billion Congolese francs (i.e. 64.2% of tax revenue); value added tax (VAT): 2,568.9 billion Congolese Francs (i.e. 20.0% of tax revenue); other revenue: 88.0 billion Congolese Francs (i.e. 0.7% of tax revenue).
Our sources reveal that the revenue mobilized by the General Directorate of Taxes (DGI), for the month of August 2022 alone, is estimated at 860.7 billion Congolese Francs, equivalent to nearly 430 million US dollars.
On the other hand, the assignments of DGI revenues were set, during the same period, at 432.4 billion Congolese Francs, or nearly 216 million US dollars, representing an achievement rate of 199% at the end of August. 2022.
CF 3,168.4 billion of non-tax revenue
Still in its quest to bail out the coffers of the public treasury, the government plans to mobilize 3,168.4 billion Congolese Francs from non-tax revenues, equivalent to nearly 1.5 billion US dollars for the 2023 fiscal year.
These revenues should record an increase of 18.9% compared to their level for the 2022 financial year, where they amounted to 2,664.1 billion Congolese Francs.
According to sources close to the government, these revenues are driven by revenues from the mining, environment and land affairs sectors.
They are distributed as follows: administrative revenue: 1,000.8 billion Congolese francs (31.6% of non-tax revenue); judicial revenue: 145.4 billion Congolese francs (4.6% of non-tax revenue); state revenue: 1,932.6 billion Congolese francs (60.9% of non-tax revenue) and equity revenue: 89.6 billion CDF, or 2.8% of non-tax revenue.
*Ahh, Hello - Do you see what i see sitting in your own Backyard atm