TELECONGO — broadcast
20260806 133000 UTC
493 transcript segments
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[00:00:00] 2028 and to 3189 billion 700
[00:00:03] million CFA francs in 2029,
[00:00:06] an average annual increase of
[00:00:09] 3-6%, driven mainly by tax revenues
[00:00:12] which would increase at an average annual rate of
[00:00:16] 7-4% and would amount to 1336
[00:00:19] billion 300 million CFA francs in 2027 to
[00:00:23] 1439 billion CFA francs in 2028 and to
[00:00:27] 1554 billion ... million CFA francs in
[00:00:31] 2029.
[00:00:34] Regarding revenue mobilization, our
[00:00:37] strategy is not limited to improving the performance of financial
[00:00:41] regimes, it is fundamentally based on
[00:00:45] broadening the tax base made possible by
[00:00:48] the diversification of our
[00:00:50] presentation of economy.
[00:00:52] the commission's The rise of promising sectors such as tourism, agriculture, agro-industry,
[00:00:56] services and the digital economy
[00:01:00] will contribute to the increase in national
[00:01:02] wealth,
[00:01:05] with the creation by presidential decree of a task force dedicated to the
[00:01:09] digitalization of public administration, and as
[00:01:12] the digitalization of operations carried out by financial
[00:01:16] regimes becomes widespread, combined
[00:01:19] with the desire to impose greater control over tax
[00:01:22] expenditure, the
[00:01:24] compass, the acceleration of government expects an improvement in the collection of tax
[00:01:27] revenues, which allows it to hope
[00:01:31] to achieve the goal of 5000 billion in budget
[00:01:34] revenues set by the President of the Republic, Head of
[00:01:39] with the African Union's State. Revenues from crude
[00:01:43] oil would decrease by 0.9%
[00:01:46] on average annually to stand at 1281
[00:01:50] billion CFA francs in 2027, to
[00:01:54] 1266 billion 400 million CFA francs in
[00:01:56] 2028 and to 1258 billion 7 million
[00:02:00] CFA francs in
[00:02:02] order to control the tax base and 2029.
[00:02:05] The main assumptions for the period 2027-2029 are
[00:02:09] the following: a production of
[00:02:12] 112,300,000 barrels in
[00:02:15] 2027,
[00:02:18] 111 million 117,500,000
[00:02:21] barrels in 2028 and
[00:02:24] 123,400,000 barrels in
[00:02:26] 2029.
[00:02:28] a price for Congolese crude oil of 71
[00:02:32] dollars in 2027, then 70 dollars in
[00:02:36] 2028 and 69 dollars in
[00:02:39] 2029.
[00:02:41] a dollar exchange rate of 565 CFA francs over the
[00:02:45] period and a production sharing rate in
[00:02:50] the societal project of the President of favor of the state of 28% in 2027, then
[00:02:53] 27% in 2028 and 26% in
[00:02:56] 2029.
[00:02:59] The government expects additional
[00:03:02] revenues from the exploitation of liquefied
[00:03:05] natural gas.
[00:03:09] All means must be put into contribution without delay to mobilize and
[00:03:12] better channel national shares. I
[00:03:15] request of your chamber, venerable
[00:03:18] senators, that you vote on the law on the Caisse des
[00:03:21] Dépôts et Consignations, which should certainly not be long
[00:03:25] in being presented to your chamber.
[00:03:29] After, hope, the vote
[00:03:32] by the sister neighboring chamber.
[00:03:36] Over the next three years, the government
[00:03:39] wishes to accelerate the repayment of domestic commercial debt in order
[00:03:43] to encourage economic operators to maintain, for
[00:03:46] some, restart for others, or boost
[00:03:50] for most, their activities to inject
[00:03:53] vigor into the national economy.
[00:03:57] Great attention will be paid to public investments in
[00:04:00] infrastructure useful for improving the productivity of
[00:04:04] production factors,
[00:04:07] leading to an uncontrolled increase as well as to the diversification of the economy.
[00:04:09] Transfers to the most vulnerable groups will remain
[00:04:13] a concern, as will
[00:04:15] lifestyle by expenditure on maintaining the normal functioning of social
[00:04:18] health, education and
[00:04:21] training services, guaranteeing the quality of national
[00:04:24] human capital to face the major challenges to come that
[00:04:28] will confront all countries of
[00:04:30] the world.
[00:04:32] One of the sectors that will require
[00:04:35] CFA francs. And in the intelligent resource allocation is that of defense and
[00:04:38] security, due to multiple risks of potential
[00:04:43] transparency of state disruption, resulting from the breakdown of certain geostrategic balances at the
[00:04:47] global level.
[00:04:50] In numerical terms, budget expenditures would amount to
[00:04:56] that the state budget 2601 billion 400 million CFA francs in 2027, to
[00:04:59] 2600... 700 million CFA francs in
[00:05:02] 2028 and to 2730 billion 400 million
[00:05:05] CFA francs in
[00:05:06] 2029.
[00:05:11] Debt financial charges
[00:05:13] are projected at 338 billion 100 million CFA francs in
[00:05:16] 2027, at 341 billion 600 million
[00:05:20] CFA francs in 2028 and 335 billion 800 million
[00:05:24] CFA francs in 2029, an
[00:05:26] average of 340 billion 800 million CFA
[00:05:30] francs over the period.
[00:05:34] Personnel expenses would increase at an average
[00:05:38] annual rate of 7.5%,
[00:05:40] from 467 billion 100 million CFA francs in
[00:05:43] 2027, then 502 billion
[00:05:47] 900 million CFA francs in 2028
[00:05:49] and 540 billion 800 million CFA francs in
[00:05:53] 2029.
[00:05:55] Expenditure on goods and services would evolve at an
[00:05:59] average annual rate of 6.7%,
[00:06:02] increasing from 259 billion 700 million CFA francs in
[00:06:05] 2027 to 277 billion
[00:06:09] 100 million CFA francs in 2028 and to...
[00:06:12] 95 billion 700 million CFA francs in
[00:06:16] 2029, representing an average
[00:06:19] annual increase of 6.7% over the
[00:06:22] period. Transfer expenses
[00:06:26] would be set at 642 billion
[00:06:29] 800 million CFA francs in 2027, to
[00:06:32] 658 billion 800 million CFA francs in
[00:06:35] 2028 and to 675 billion 300 million
[00:06:39] CFA francs in 2029.
[00:06:42] Other expenses would decrease over the
[00:06:45] period, from 73 billion 300 million CFA
[00:06:48] francs in 2027, to 65 billion 500 million CFA
[00:06:52] francs in 2028 and to 58 billion 500 million CFA
[00:06:56] francs in 2029, representing an average
[00:06:59] annual decrease of
[00:07:02] 10.6%.
[00:07:06] Annex budget expenses and special treasury
[00:07:08] accounts would remain almost stable over
[00:07:12] the period with 9 billion 400 million CFA francs in
[00:07:16] 2027, then 9 billion 600 million CFA francs in
[00:07:19] 2028 and 9 billion 800 million CFA francs in
[00:07:23] 2029.
[00:07:26] Investment expenses would amount
[00:07:29] to 624 billion 700 million CFA francs in
[00:07:32] 2027,
[00:07:34] 640 billion 400 million CFA francs in
[00:07:36] 2028 and 656 billion 400 million
[00:07:40] CFA francs in 2029, an average increase of
[00:07:44] 10.8% to take into account the priorities of the new
[00:07:47] societal project, the acceleration of the march towards
[00:07:50] development. Regarding budget
[00:07:54] balances over the triennium
[00:07:56] 2027-2029, the overall basic budget balance
[00:08:00] would increase at an average annual rate of 8.7% over the
[00:08:04] period, and would represent an average of
[00:08:07] 5.1% of GDP. This
[00:08:10] balance would amount to 360.
[00:08:44] Over the period 2027-2029,
[00:08:47] treasury resources would average 1455 billion
[00:08:51] 300 million CFA francs during the period,
[00:08:55] decreasing from 1545 billion 400 million CFA francs in
[00:08:58] 2027, to 1408 billion 700 million
[00:09:01] CFA francs in 2028 and to
[00:09:04] 1411 billion 908 million 900 million CFA francs in
[00:09:08] 2029.
[00:09:10] These resources would be funded mainly by the proceeds of short,
[00:09:14] medium and long-term loans, without these loans, however,
[00:09:19] in overall debt, which would compromise the government's
[00:09:23] desire to bring it below the benchmark
[00:09:26] of 70% of gross domestic
[00:09:29] product, in order to preserve and improve
[00:09:32] access to financial markets at advantageous
[00:09:35] conditions.
[00:09:39] Treasury expenses would decrease from
[00:09:41] 1940.900 million CFA francs in
[00:09:44] 2027, to 1800 billion 100 million CFA
[00:09:47] francs in 2028 and to 1871
[00:09:51] billion 100 million CFA francs in 2029.
[00:09:55] A treasury need of 369 billion
[00:09:58] 500 million CFA francs would appear in 2027,
[00:10:02] 391 billion 400 million CFA francs in 2028
[00:10:06] and 459 billion 300 million CFA francs in
[00:10:09] 2029, which would be fully covered
[00:10:12] by budget
[00:10:13] surpluses.
[00:10:16] To reiterate the treasury need, I
[00:10:19] wish to state, venerable Senator, that our
[00:10:23] financing strategy is not based solely on market
[00:10:26] borrowings.
[00:10:29] We also count on the budgetary support of our technical
[00:10:33] and financial partners, namely the IMF, the
[00:10:37] World Bank, the African Development Bank, the French Development
[00:10:41] Agency, yes, for covering the budgetary
[00:10:44] gap during the period.
[00:10:47] Their support will be invaluable in avoiding non-concessional
[00:10:50] borrowing, preserving the sustainability of our
[00:10:54] debt, and generating treasury surpluses for financing
[00:10:58] the government's structuring projects.
[00:11:01] That is why I once again
[00:11:04] urge, before your chamber, that we continue
[00:11:07] discussions with the International Monetary
[00:11:10] Fund, with a view to concluding a new program
[00:11:14] focusing, this time, on resilience and
[00:11:18] sustainability.
[00:11:22] That's it, honorable President of the Bureau, venerable
[00:11:26] Senators, thus presenting the broad orientations that
[00:11:29] will guide the elaboration of budgets during the
[00:11:33] period from 2027 to
[00:11:35] 2029. This budgetary framework is a contract of
[00:11:39] trust between the government and the nation, it
[00:11:43] is ambitious but realistic, it is at
[00:11:46] the service of our sole the march towards
[00:11:50] development, the object of the next national development
[00:11:53] plan which itself constitutes the first step of a vast
[00:11:57] program focused on the realization of the Congo 2063
[00:12:01] vision, aligned
[00:12:04] 2063 Agenda.
[00:12:07] Venerable President, honorable members of the Bureau, venerable
[00:12:10] Senator, thank you for your kind
[00:12:13] attention.
[00:12:17] And I assure you that I have already taken note of and
[00:12:20] taken into account the
[00:12:22] recommendations
[00:12:25] by the Economy and Finance Commission in its report that was provided to
[00:12:28] us a few moments ago. Thank you,
[00:12:31] President.
[00:12:38] Thank you, Mr. Prime Minister, Head of
[00:12:40] Government, who has already anticipated,
[00:12:43] right?
[00:12:48] Well, I don't know if under these conditions
[00:12:51] it is still appropriate to give the floor
[00:12:56] to the Economy and Finance
[00:12:58] Commission.
[00:13:03] Venerable President of the Economy and Finance
[00:13:06] Commission, you still have the
[00:13:09] floor. Thank you, venerable
[00:13:12] President of the Senate for the floor given. Nevertheless,
[00:13:16] we will
[00:13:20] be concise so as not to reiterate the
[00:13:23] presentation made by the Prime Minister, especially concerning the
[00:13:26] hypotheses, and then move to the recommendations. We will read
[00:13:30] them for the benefit of the plenary, and
[00:13:34] I will therefore give the floor to the venerable rapporteur for the
[00:13:37] reading of our report on these different
[00:13:40] chapters. Venerable rapporteur, you have the
[00:13:43] floor.
[00:13:47] Thank you, venerable President.
[00:13:51] I invite colleagues to page 12.
[00:13:58] Given that everything before has just been the subject of an
[00:14:01] eloquent
[00:14:04] presentation by the Prime Minister,
[00:14:08] so page 12, 6, program-based
[00:14:11] budget.
[00:14:15] With the generalization of the program-based budget to all
[00:14:19] ministries,
[00:14:21] the year 2027 would be the year of consolidation. The
[00:14:25] reform of the program budget.
[00:14:29] This year will aim to
[00:14:32] strengthen the appropriation of program budgeting tools,
[00:14:35] deepen the operationalization
[00:14:38] of the program-based
[00:14:41] budget,
[00:14:45] stabilize the organizational and regulatory frameworks
[00:14:49] put in place.
[00:14:52] All of this must take place in a continuous
[00:14:55] logic of results-based
[00:14:58] management.
[00:15:00] Beware,
[00:15:03] the implementation of program budgets would contribute to greater
[00:15:08] action and to
[00:15:11] strengthening public
[00:15:13] performance.
[00:15:16] Debates in committee.
[00:15:20] The committee held working sessions within the framework of
[00:15:24] the budget orientation debate with government experts,
[00:15:28] notably the Director General of Petroleum
[00:15:31] Operations,
[00:15:33] the Director General of Gas Valorization,
[00:15:37] the Director General of the Posts and Electronic Communications
[00:15:41] Regulatory Agency
[00:15:43] (RPCE) and the Director
[00:15:47] General of the Fund Transfer Regulatory
[00:15:50] Agency
[00:15:51] (ARTF).
[00:15:54] Item 8
[00:15:56] recommendations:
[00:15:59] 1,
[00:16:02] respect the legal deadlines for submitting budget framework documents
[00:16:05] in order to
[00:16:07] allow parliament to organize the budget orientation
[00:16:10] debate before July 1st of
[00:16:14] each year.
[00:16:17] 2, of course, these recommendations
[00:16:20] are addressed to the government.
[00:16:24] 2, take into account in budget forecasts
[00:16:28] in a sincere and realistic manner
[00:16:31] forest revenues,
[00:16:34] mining and the digital economy.
[00:16:38] 3, deal with social
[00:16:42] debt, notably pension arrears for
[00:16:45] retirees and pension
[00:16:48] arrears for constitutional institutions in order
[00:16:51] to ease the social climate and safeguard
[00:16:54] peace.
[00:16:58] These are the arrears of institutions,
[00:17:02] not pension. There are pension
[00:17:05] arrears on the one hand and...
[00:17:08] of institutions on the other
[00:17:10] hand.
[00:17:12] That's right, yes, of course, because you said
[00:17:16] pension arrears of institutions. Oh,
[00:17:19] sorry.
[00:17:22] Yes, continue. 4,
[00:17:26] continue the reforms already undertaken in the financial
[00:17:29] authorities.
[00:17:32] 5, digitalize the services of the financial
[00:17:36] authorities, in
[00:17:39] maximize budget
[00:17:41] revenues.
[00:17:44] 6, periodically audit information
[00:17:47] systems.
[00:17:51] 7, strengthen the technical capacities
[00:17:54] of ministers, program managers, general
[00:17:58] directors, central directors, directors of administrative
[00:18:02] and financial affairs and
[00:18:06] directors of studies and planning in
[00:18:09] the elaboration, execution and monitoring of
[00:18:13] program budgets.
[00:18:17] 8,
[00:18:19] encourage the direct involvement of ministers in validating annual
[00:18:23] performance programs,
[00:18:26] as well as in reporting through annual performance
[00:18:29] reports.
[00:18:33] 9,
[00:18:35] strictly apply Article
[00:18:38] 8 of Organic Law No. 36/2017 of
[00:18:42] October 3, 2017
[00:18:45] on the transmission to Parliament by the
[00:18:47] government, for information and control
[00:18:51] purposes, of quarterly reports on
[00:18:54] budget execution and on the application of the finance
[00:18:58] law.
[00:19:02] 10: Prohibit exceptional exemptions.
[00:19:04] ( 11,
[00:19:07] strictly apply exchange
[00:19:10] regulations concerning the repatriation of export revenues.
[00:19:14] 12.
[00:19:18] Continue the policy of disengagement of the country
[00:19:21] by prioritizing concessional loans.
[00:19:25] 13.
[00:19:28] Improve the business climate to attract
[00:19:31] foreign direct investment and
[00:19:34] public-private partnerships.
[00:19:38] 14.
[00:19:40] Accelerate the process of establishing the territorial
[00:19:44] public service.
[00:19:46] 15.
[00:19:50] Reduce the state's
[00:19:53] containing operating expenses,
[00:19:56] improving the quality of public spending,
[00:19:59] prioritizing spending with socio-economic impact.
[00:20:03] 16,
[00:20:07] guarantee strict retrocession to local
[00:20:11] authorities of additional centimes and other
[00:20:15] taxes collected by the State.
[00:20:17] 17, in
[00:20:20] case of improved
[00:20:23] revenues, prioritize investment
[00:20:26] expenditure over operating
[00:20:28] expenditure.
[00:20:32] Conclusion:
[00:20:35] After all the analyses carried out on the issues concerning the budget
[00:20:39] orientation debates, as well as the fruitful
[00:20:43] exchanges with the members of the government,
[00:20:47] the commission is satisfied with this exercise of the budget
[00:20:50] orientation debate, which allows
[00:20:53] parliamentarians to be informed of the budget forecasts for the following
[00:20:57] year, to involve parliamentarians in
[00:21:01] the process of choosing public policies,
[00:21:03] and to strengthen participatory
[00:21:06] democracy. The commission, thank you,
[00:21:10] venerable
[00:21:11] President.
[00:21:14] Thank you, venerable President of the Senate,
[00:21:18] allow me to give you the floor for the debate.
[00:21:20] Thank you.
[00:21:23] The procedure requires
[00:21:26] that
[00:21:27] after the introduction
[00:21:31] by the Prime Minister, Head of
[00:21:34] Government, and following
[00:21:38] the
[00:21:42] report, which was limited here to the
[00:21:46] presentation of the nation,
[00:21:50] parliamentarians
[00:21:53] intervene.
[00:21:55] I said earlier that the Prime
[00:21:58] Minister had anticipated,
[00:22:01] since before
[00:22:04] parliamentarians reacted,
[00:22:06] he had already taken
[00:22:09] note
[00:22:12] of the recommendations. There are
[00:22:14] 17. He took note of all the
[00:22:18] recommendations.
[00:22:21] Are there any other concerns
[00:22:25] that have not been taken into account by these recommendations
[00:22:28] and that justify the
[00:22:32] intervention of parliamentarians? If so, the
[00:22:36] debate is open.
[00:22:40] The venerable First Secretary will
[00:22:43] open the list of speakers if there were
[00:22:46] other concerns that were omitted
[00:22:51] by the recommendations as formulated by
[00:22:55] the commission.
[00:22:57] Thank you, honorable
[00:23:01] President. The list is open.
[00:23:04] To the left,
[00:23:06] to the
[00:23:12] left, in the center,
[00:23:15] in the
[00:23:18] center.
[00:23:21] President, no hand
[00:23:23] raised.
[00:23:27] No request for the floor. Thank
[00:23:29] you.
[00:23:38] By anticipation, the Prime Minister has
[00:23:41] negotiated the silence of
[00:23:45] parliamentarians.
[00:23:49] And I think that...
[00:24:21] Thank you. But
[00:24:23] if the Prime Minister has indeed taken
[00:24:26] note, the budget debate will be
[00:24:30] facilitated.
[00:24:34] It's just to negotiate the
[00:24:36] silence of parliamentarians, but the debate will be
[00:24:40] relaunched.
[00:24:43] Okay. We have thus exhausted
[00:24:47] our agenda.
[00:24:51] The session is
[00:24:52] adjourned.
[00:25:00] Thank you, dear viewers.
[00:25:03] With this gavel strike by the President of the
[00:25:07] Senate, the Senate has just
[00:25:11] concluded this special session,
[00:25:14] as it must be said, dedicated to the budget
[00:25:17] orientation debate, as the
[00:25:21] term suggests. It is about seeing how to precisely
[00:25:25] orient the state's needs
[00:25:28] according to revenues and priorities. Among
[00:25:32] the recommendations arising from this budget
[00:25:36] orientation debate made by the senators is the
[00:25:39] prioritization of investment expenses. And you know very
[00:25:43] well, dear viewers,
[00:25:46] is divided into two parts:
[00:25:50] operating and investment. And I think
[00:25:52] that we must precisely, as we said
[00:25:56] here, prioritize investment, because that is what drives
[00:25:59] growth upwards. We have in this growth: the
[00:26:03] investment part and the consumption part. And today,
[00:26:06] if parliamentarians prioritize investment, I
[00:26:09] think it is so that we can indeed move towards growth.
[00:28:48] I think that
[00:28:52] the Republic, which has now become the government
[00:28:55] program, is taking shape. But precisely,
[00:28:59] to succeed in this project, the
[00:29:03] government must have at its disposal the necessary
[00:29:06] resources to satisfy the
[00:29:09] aspirations of the population, which are summarized
[00:29:13] in terms of quality
[00:29:15] infrastructure in all areas, of course, electricity,
[00:29:19] especially, and water, and also
[00:29:22] roads, because development comes through
[00:29:25] roads. And there are other priority sectors such
[00:29:29] as health, education, which are undeniable, because
[00:29:33] today, a population that is not
[00:29:36] educated, a population that is sick,
[00:29:40] cannot move towards growth, because
[00:29:43] education is what drives
[00:29:47] infrastructure development. It is a healthy
[00:29:50] population that guarantees growth, because
[00:29:54] man is the main economic agent. We
[00:29:58] will still remind our viewers that before this
[00:30:01] state budget, which will cover 3 years, a triennial
[00:30:05] one, don't forget that we are fully engaged in the program
[00:30:08] budget, and so for the 2026 budget,
[00:30:11] which was recently revised,
[00:30:15] we can remind our viewers
[00:30:17] that this initial budget was set
[00:30:21] at the sum of 2550 billion
[00:30:25] 540 million CFA francs. This is in the initial
[00:30:28] budget, and in the revised budget, it increased to
[00:30:33] 2778 billion 16 million
[00:30:37] initial budget, expenses were set at
[00:30:41] 2320 billion 167
[00:30:45] million CFA francs, and in the revised budget, expenses
[00:30:48] are reviewed at the sum of 2561
[00:30:52] billion 69 million CFA
[00:30:56] francs. So, this is the state budget for this...