“The 2023 budget of US$16 billion is wrong”, Noël Tshiani contradicts the Congolese Government
April 23, 2023
Kiki Kienge
By
Kiki Kienge
“I believe that the budget we have is a fake, it is fictitious, we will never realize that” . Said, Noël Tshiani in a television program.
Noël Tshiani Mwadiamvita , former candidate in the last presidential elections as a good economist, contradicts the Congolese Government which had presented the draft Finance Law 2023 before the National Assembly, through its Prime Minister, Sama Lukonde Kyenge, a record increase
in the budget since the country's independence:
“Never in the Democratic Republic of Congo have we reached such a level of budget forecasts” .
US$16 billion, an increase in the 2023 budget of more or less 32% compared to the previous year. Something that has been acclaimed by the militants of the ruling party, comparing the last budget under the regime of
Joseph Kabila , which was 4 billion $US, for Noël Tshiani, this budget is a make-up of the figures which risks to carry the country in economic chaos:
“The problem is that, we have planned the budget, the public revenues of this order, but the expenses of the State continue to commit them at a very high level taking into account a budget of 16 billion $US. From where there will always be a public deficit will be financed how, by the recourse to the printing press, from where the monetary depreciation. I would like people to wake up, you can't deceive people all the time, you can deceive for a little while, but people always end up discovering that there is something wrong. The budget we have is not realistic” .
Is Noel Tshiani right?
According to a large part of the population, yes. Since for some time now we have been witnessing:
- Delays in payment of salaries of civil servants.
- The Minister of Finance, Nicolas Kazadi, who wants to resort to a loan of US$70 million to finance public expenditure.
- The exchange rate of the US dollar, the currency used in the economy and the majority of businesses in the country, continues to increase dizzily. Today 1 $US is exchanged at 2,400 FC on the market. Increases in food prices follow that of the US dollar. In Greater Katanga and Greater Kasai, for example, the price of maize flour, a staple food, has increased more or less by 450%. A 25-kilogram bag that sold 2 months ago at 20,000 FC (+/- 10 $US), is trading today at 110,000 FC (+/- 45 $US). Thing that the Congolese Government seems to be in difficulty to solve for lack of financial means.
Some Congolese economic analysts even put forward the figure of US$4 billion as realistic, given that the prices of the minerals on which the country's budget is based would be falling for the year 2023.
Par Kiki Kienge « Moi je crois que le budget que nous avons est un faux, il est fictif, on ne va jamais réaliser cela ». A déclaré, Noël Tshiani dans une…
kongopress.com
to legend Jonnno on the bird, but it's hard to keep up with his new posts. Is he the only Congolese who 'gets' it though? All the other cunts want to 'renegotiate', against their own mining code and laws, and after the fact
