AVZ Discussion 2022

GuruDukun

Regular
Major German newspaper mentioning AVZ in context of resource conflict and political jockeying in Africa.
 
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Frank

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Finances: the figures presented by the General Inspectorate of Finance on the situation of public finances as of July 28, 2023 are neither sincere nor credible

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Following the press release from the General Inspectorate of Finance on the situation of public finances as of July 28, 2023, which are of the order of 12,691,647.5 Congolese francs at the 2021 budget rate, 12,343,816,518,698.00 francs expenses executed and 378,288,835,307.27 of excess balance.

The Center for Research in Public Finance and Local Development (Crefdl) expresses its concern about the situation of public finances in the Democratic Republic of Congo.

He also notes that the figures as presented are neither sincere nor credible. :oops:

Referring to the 2023 Finance Law, the financial authorities should mobilize $8.7 billion by the same date.

Compared to the receipts realized on July 28, 2023, there is an underperformance of $2.6 billion.

This assumes that there is no surplus balance in the Public Treasury and that the State coffers are almost empty. :eek:

To this end, CREFDL notes that the 2023 Finance Law is no longer in balance.

This is all the more so since expenditure of around $2.6 billion has not been paid since the beginning of the year 2023.

This is the case, for example, of capital expenditure on own resources evaluated at $1.2 billion.

Worse still, investments in provinces and ETDs were barely executed at around $2.7 million against forecasts of $725.2 million, i.e. an execution rate of 0.003%; the National Equalization Fund (CNP), it received no funds, on the linear forecasts of $ 440.5 million.

Which is a violation of article 181, paragraphs 2 and 3 of the constitution. :eek:

The cleaning of the payroll file can under no circumstances, according to the Crefdl, cause the delay in payment of the remuneration of public officials of the State, given that it is a permanent activity.

What the Crefdl proposes to the government

Faced with this situation, Crefdl invites the Government to: draw up an amending budget, in accordance with articles 26, 27, 18, 35, 77 and 80 of the law relating to public finances of the DRC in order to avoid the worst, to extirpate from the initial finance law of budget-consuming expenditure, prioritizing investment in the productive sector; ensure the appropriateness of public expenditure to avoid certain waste.

mediacongo


*To Remind DRC / Felix etc

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Dijon101

Regular
Hmm maybe. By what mechanism would they have legally put the ML on hold?

I'm not a lawyer......

However I do believe there is a mechanism called negotiating a contract. Then not signing a contract if you don't agree with the conditions of said contract.

Carlos has already pointed out I'm probably wrong. Afterall, I am just speculating and looking at things from a different angle.

Oh and I'm literally just drinking non stop cocktails in bali which just adds more holes to what ever speculation I put forward.

Cheers !
 
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timb89

Regular
I'm not a lawyer......

However I do believe there is a mechanism called negotiating a contract. Then not signing a contract if you don't agree with the conditions of said contract.

Carlos has already pointed out I'm probably wrong. Afterall, I am just speculating and looking at things from a different angle.

Oh and I'm literally just drinking non stop cocktails in bali which just adds more holes to what ever speculation I put forward.

Cheers !

ICISD case will put a fire underneath DRC.
 
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pow4ade

Regular
And you have a beautiful day as well..GuruDumkunt 😛
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So you're okay with advocating violence against women, no matter how egregious their behaviour.

Presuming you invested in one of the most corrupt jurisdictions in the world of your own free will, how about taking responsibility for your decision instead of reverting to bogan mob behaviour as cover.

It was your choice, no one else's, so grow up and take it like a man.
 
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Tunedin

One Happy Camper
Long time, no post, hope all are well? Hard not to get enthused about the cleanout beginning...

Stay well
Same here oxxa23, I might climb back down off my branch now things are actually happening. I’ve been reading daily everyone’s thoughts. I’ve also been wearing my Jag cap everywhere I go. It‘s actually my favourite and most comfortable cap. As I’m talking about caps, I reckon the change of governance within CAMI is just the start of many blocking caps that are about to be removed.
 
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Samus

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The former director of @CadastreMinier , Jean Félix #Mupande Kampwa with Lisette Kabanga #Tshibwabwa, the lobbyist of the group #ZIJIN
 
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j.l

Regular
Major German newspaper mentioning AVZ in context of resource conflict and political jockeying in Africa.
Wow, thanks for sharing. That is some decent, reasonably detailed coverage of the situation (for a Western publication).

In Germany Der Spiegel is no small-time rag.

I must say, I did like this bit: "Some believe that whoever controls Manono might have a say in the prices on the global markets." But I guess that's nothing new - most of us are here because we already think that...
 
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TDITD

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Good ole Franck fighting the good fight,
giving our corrupt pal Kibeya a spanking

It's a fun thread to read(y)



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Cumquat Cap

Regular
Everyone give Franck a shout-out on Twitter if they can - feel like he is helping our cause immeasurably
 
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John25

Regular
So you're okay with advocating violence against women, no matter how egregious their behaviour.

Presuming you invested in one of the most corrupt jurisdictions in the world of your own free will, how about taking responsibility for your decision instead of reverting to bogan mob behaviour as cover.

It was your choice, no one else's, so grow up and take it like a man.
Well well …Coolade has trolled in for a swipe …no i dont advocate violence towards women but she gets what she deserves …anyway you Trolls cant see tongue in cheek humour if it bit you on the arse…worry about your treatment towards slave Uyghurs …You can stick your moral compass somewhere else & get off your Trolling high horse Congrats for being my first ignored troll …Shit what would Bags say 🤔thats right …Fuck off
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Frank

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Winenut

Go AVZ!
I'm not a lawyer......

However I do believe there is a mechanism called negotiating a contract. Then not signing a contract if you don't agree with the conditions of said contract.

Carlos has already pointed out I'm probably wrong. Afterall, I am just speculating and looking at things from a different angle.

Oh and I'm literally just drinking non stop cocktails in bali which just adds more holes to what ever speculation I put forward.

Cheers !

"Oh and I'm literally just drinking non stop cocktails in bali"...

You....

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timb89

Regular
So you're okay with advocating violence against women, no matter how egregious their behaviour.

Presuming you invested in one of the most corrupt jurisdictions in the world of your own free will, how about taking responsibility for your decision instead of reverting to bogan mob behaviour as cover.

It was your choice, no one else's, so grow up and take it like a man.

Woman or not. Their actions are taking jobs and livelihood away from how many thousands causing a litany of physical issues. Her second hand violence due tl her greed can probably handle a few memes.
 
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TheCount

Regular
CATL getting on with designing longer life batteries... They're gonna need a bigger Lithium supply!



TC.
 
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Frank

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BEISHA

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Just my opinion on the changing political climate including:
- China haven’t printed their economy to oblivion yet like the US. They have a large capacity to do so still.
- The push for BRICS and dedollarisation benefiting those countries.
- China will essentially be building most of the ‘green’ agenda infrastructure for the West.
- The weak, corrupt and senile leader of the US.
- Questionable leadership in the EU.
- Current changes and increase in anti west sentiment in Africa. Russia looking to fill the void.
- Most likely another NATO proxy war with Russia will happen in Africa.
- Russia will continue to deplete NATO/US weaponary and stock in Ukraine and potentially now Africa (how many billions worth have already been destroyed/depleted?)
- the massive China/Russia military budgets and war games that are currently taking place.

I could go on and on. These are just my pessimistic views of the current trajectory of the world and probably not the place for this forum.
Pessimistic indeed and alot of points that dont back up with fact no doubt...;)


That article above points out how grave China economy is ....

FACT FILE

China's debt is more than 250 percent of GDP, higher than the United States. It remains lower than Japan, the world's most indebted leading economy, but some experts say the concern is that China's debt has surged at the sort of pace that usually leads to a financial bust and economic slump.

USA det to GDP is 116%.........;)

Other points you make

a) "The weak, corrupt and senile leader of the US"..........are you referring to the former clown TRUMP ? Biden may be senile, but he aint weak, just ask fuck tard Putin who wasnt planning on the US assisting Ukraine in that despicanble war playing out, btw, Russia getting panted....;)

b) " Most likely another NATO proxy war with Russia will happen in Africa."................wtf ?

c) " Russia will continue to deplete NATO/US weaponary and stock in Ukraine............:ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO:


d) " the massive China/Russia military budgets and war games that are currently taking place" ..........dont forget North Korea and Iran in that equation either...........not going to lie, very concerning that those collective evils are perpetrating plots against the west, this world is fuckerd up to say the least, but even more concerning to me............GLOBAL WARMING , which will fuck everything up!!


Which is why...........FT needs to pull his digit out of his arse and grant the ML to AVZ and get MANONO into production ASAP.

Just my musings, mixed with FACT.


imo
 
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Uglybob

Regular
c) " Russia will continue to deplete NATO/US weaponary and stock in Ukraine............:ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO:

He's not wrong. They are slowly depleting the Ukraine ammo. The problem is it's easy for them to just get more :ROFLMAO:
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BRICK

Regular
Well well …Coolade has trolled in for a swipe …no i dont advocate violence towards women but she gets what she deserves …anyway you Trolls cant see tongue in cheek humour if it bit you on the arse…worry about your treatment towards slave Uyghurs …You can stick your moral compass somewhere else & get off your Trolling high horse Congrats for being my first ignored troll …Shit what would Bags say 🤔thats right …Fuck off
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When they cant get to you any other way they pull out these things.

Like poor old Hoots complaining about being modded too much over in Shit valley
 
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BEISHA

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Lol I assumed I would be painted as CCP/pro Russian however quite the contrary. My motherland is very much not aligned with either of those two however I also have my eyes and ears open to what’s happening in the world and the many recent signs that point to a deterioration of western influence and weakening of economic power.

As I have said in previous posts my concern is that the African nations we have invested in. (I’m sure some have invested in plural whether it’s for gold or lithium..) may see this change in political climate and adjust who they do business with in the long term.
Will the DRC be afraid of their corrupt image in the eyes of the US/EU or will they not really give two shits because they know funding and business will come from elsewhere..

Happy for someone to give an alternative view and put my concerns at ease.
Lol, if the DRC is going to rely on China / Russia for future funding, then they are in for a big surprise and more pain.......;)

China dont give a shit about DRC, just want to plunder their minerals for the least coin they can get away with.........better yet, just steal.

Russia will do the same, like they did with crimea and like they are doing now with Ukraine in general.

DRC and Africa in general need to wise up before they get completely colonised once again, then ditched to the curb.
 
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