Félix Tshisekedi instructs the government to make the National Equalization Fund viable
President Félix Tshisekedi is determined to build a strong Congo focused on its development in peace and security.
A few months from the end of his first five-year term, considered largely negative by the opposition, Joseph Kabila's successor is keen to achieve his goal.
He multiplies large-scale actions to leave his mark.
( FFS Felix - Wouldn't Manono be a great place to start, well wouldn't it !!! )
especially when you go onto say,
The fifth Congolese president has accelerated the execution of the 145-territory development program (PDL-145T), which aims to reduce spatial inequalities, revitalize local economies, and transform the living conditions and environment of Congolese populations living in areas hitherto poorly served by basic social infrastructure and services.
It is in this context that on Friday April 7 at the Council of Ministers, Félix Tshisekedi instructed the government to do everything possible to make the National Equalization Fund (CNP) viable, whose mission is to finance investment projects and programs with a view to ensuring national solidarity and correcting the imbalance of development between the provinces and between the other decentralized territorial entities.
According to article 24 of the organic law on the organization and operation of the National Equalization Fund, "the resources for public investments to be financed by the CNP come from the withholding of 10% of all national revenue accruing to the state every year.
For this purpose, a sub-account of the General Treasury Account is opened at the Central Bank of Congo.
The 10% quota is regularly transferred according to a permanent payment order deposited at the Central Bank by the Minister in charge of finance.
These resources constitute the equalization fund and cannot be seized”.
During his last meeting with the Director General of the CNP, President Tshisekedi had made a firm commitment to respect the granting of this 10% devolved to this organization by the Constitution.
The equalization fund is intended to finance the public investment projects and programs referred to in article 181, paragraph 3 of the Constitution.
It is distributed in an order inversely proportional to the distribution of 40% of national revenue allocated to the provinces.