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00:00:002028 and to 3189 billion 700
00:00:03million CFA francs in 2029,
00:00:06an average annual increase of
00:00:093-6%, driven mainly by tax revenues
00:00:12which would increase at an average annual rate of
00:00:167-4% and would amount to 1336
00:00:19billion 300 million CFA francs in 2027 to
00:00:231439 billion CFA francs in 2028 and to
00:00:271554 billion ... million CFA francs in
00:00:312029.
00:00:34Regarding revenue mobilization, our
00:00:37strategy is not limited to improving the performance of financial
00:00:41regimes, it is fundamentally based on
00:00:45broadening the tax base made possible by
00:00:48the diversification of our
00:00:50presentation of economy.
00:00:52the commission's The rise of promising sectors such as tourism, agriculture, agro-industry,
00:00:56services and the digital economy
00:01:00will contribute to the increase in national
00:01:02wealth,
00:01:05with the creation by presidential decree of a task force dedicated to the
00:01:09digitalization of public administration, and as
00:01:12the digitalization of operations carried out by financial
00:01:16regimes becomes widespread, combined
00:01:19with the desire to impose greater control over tax
00:01:22expenditure, the
00:01:24compass, the acceleration of government expects an improvement in the collection of tax
00:01:27revenues, which allows it to hope
00:01:31to achieve the goal of 5000 billion in budget
00:01:34revenues set by the President of the Republic, Head of
00:01:39with the African Union's State. Revenues from crude
00:01:43oil would decrease by 0.9%
00:01:46on average annually to stand at 1281
00:01:50billion CFA francs in 2027, to
00:01:541266 billion 400 million CFA francs in
00:01:562028 and to 1258 billion 7 million
00:02:00CFA francs in
00:02:02order to control the tax base and 2029.
00:02:05The main assumptions for the period 2027-2029 are
00:02:09the following: a production of
00:02:12112,300,000 barrels in
00:02:152027,
00:02:18111 million 117,500,000
00:02:21barrels in 2028 and
00:02:24123,400,000 barrels in
00:02:262029.
00:02:28a price for Congolese crude oil of 71
00:02:32dollars in 2027, then 70 dollars in
00:02:362028 and 69 dollars in
00:02:392029.
00:02:41a dollar exchange rate of 565 CFA francs over the
00:02:45period and a production sharing rate in
00:02:50the societal project of the President of favor of the state of 28% in 2027, then
00:02:5327% in 2028 and 26% in
00:02:562029.
00:02:59The government expects additional
00:03:02revenues from the exploitation of liquefied
00:03:05natural gas.
00:03:09All means must be put into contribution without delay to mobilize and
00:03:12better channel national shares. I
00:03:15request of your chamber, venerable
00:03:18senators, that you vote on the law on the Caisse des
00:03:21Dépôts et Consignations, which should certainly not be long
00:03:25in being presented to your chamber.
00:03:29After, hope, the vote
00:03:32by the sister neighboring chamber.
00:03:36Over the next three years, the government
00:03:39wishes to accelerate the repayment of domestic commercial debt in order
00:03:43to encourage economic operators to maintain, for
00:03:46some, restart for others, or boost
00:03:50for most, their activities to inject
00:03:53vigor into the national economy.
00:03:57Great attention will be paid to public investments in
00:04:00infrastructure useful for improving the productivity of
00:04:04production factors,
00:04:07leading to an uncontrolled increase as well as to the diversification of the economy.
00:04:09Transfers to the most vulnerable groups will remain
00:04:13a concern, as will
00:04:15lifestyle by expenditure on maintaining the normal functioning of social
00:04:18health, education and
00:04:21training services, guaranteeing the quality of national
00:04:24human capital to face the major challenges to come that
00:04:28will confront all countries of
00:04:30the world.
00:04:32One of the sectors that will require
00:04:35CFA francs. And in the intelligent resource allocation is that of defense and
00:04:38security, due to multiple risks of potential
00:04:43transparency of state disruption, resulting from the breakdown of certain geostrategic balances at the
00:04:47global level.
00:04:50In numerical terms, budget expenditures would amount to
00:04:56that the state budget 2601 billion 400 million CFA francs in 2027, to
00:04:592600... 700 million CFA francs in
00:05:022028 and to 2730 billion 400 million
00:05:05CFA francs in
00:05:062029.
00:05:11Debt financial charges
00:05:13are projected at 338 billion 100 million CFA francs in
00:05:162027, at 341 billion 600 million
00:05:20CFA francs in 2028 and 335 billion 800 million
00:05:24CFA francs in 2029, an
00:05:26average of 340 billion 800 million CFA
00:05:30francs over the period.
00:05:34Personnel expenses would increase at an average
00:05:38annual rate of 7.5%,
00:05:40from 467 billion 100 million CFA francs in
00:05:432027, then 502 billion
00:05:47900 million CFA francs in 2028
00:05:49and 540 billion 800 million CFA francs in
00:05:532029.
00:05:55Expenditure on goods and services would evolve at an
00:05:59average annual rate of 6.7%,
00:06:02increasing from 259 billion 700 million CFA francs in
00:06:052027 to 277 billion
00:06:09100 million CFA francs in 2028 and to...
00:06:1295 billion 700 million CFA francs in
00:06:162029, representing an average
00:06:19annual increase of 6.7% over the
00:06:22period. Transfer expenses
00:06:26would be set at 642 billion
00:06:29800 million CFA francs in 2027, to
00:06:32658 billion 800 million CFA francs in
00:06:352028 and to 675 billion 300 million
00:06:39CFA francs in 2029.
00:06:42Other expenses would decrease over the
00:06:45period, from 73 billion 300 million CFA
00:06:48francs in 2027, to 65 billion 500 million CFA
00:06:52francs in 2028 and to 58 billion 500 million CFA
00:06:56francs in 2029, representing an average
00:06:59annual decrease of
00:07:0210.6%.
00:07:06Annex budget expenses and special treasury
00:07:08accounts would remain almost stable over
00:07:12the period with 9 billion 400 million CFA francs in
00:07:162027, then 9 billion 600 million CFA francs in
00:07:192028 and 9 billion 800 million CFA francs in
00:07:232029.
00:07:26Investment expenses would amount
00:07:29to 624 billion 700 million CFA francs in
00:07:322027,
00:07:34640 billion 400 million CFA francs in
00:07:362028 and 656 billion 400 million
00:07:40CFA francs in 2029, an average increase of
00:07:4410.8% to take into account the priorities of the new
00:07:47societal project, the acceleration of the march towards
00:07:50development. Regarding budget
00:07:54balances over the triennium
00:07:562027-2029, the overall basic budget balance
00:08:00would increase at an average annual rate of 8.7% over the
00:08:04period, and would represent an average of
00:08:075.1% of GDP. This
00:08:10balance would amount to 360.
00:08:44Over the period 2027-2029,
00:08:47treasury resources would average 1455 billion
00:08:51300 million CFA francs during the period,
00:08:55decreasing from 1545 billion 400 million CFA francs in
00:08:582027, to 1408 billion 700 million
00:09:01CFA francs in 2028 and to
00:09:041411 billion 908 million 900 million CFA francs in
00:09:082029.
00:09:10These resources would be funded mainly by the proceeds of short,
00:09:14medium and long-term loans, without these loans, however,
00:09:19in overall debt, which would compromise the government's
00:09:23desire to bring it below the benchmark
00:09:26of 70% of gross domestic
00:09:29product, in order to preserve and improve
00:09:32access to financial markets at advantageous
00:09:35conditions.
00:09:39Treasury expenses would decrease from
00:09:411940.900 million CFA francs in
00:09:442027, to 1800 billion 100 million CFA
00:09:47francs in 2028 and to 1871
00:09:51billion 100 million CFA francs in 2029.
00:09:55A treasury need of 369 billion
00:09:58500 million CFA francs would appear in 2027,
00:10:02391 billion 400 million CFA francs in 2028
00:10:06and 459 billion 300 million CFA francs in
00:10:092029, which would be fully covered
00:10:12by budget
00:10:13surpluses.
00:10:16To reiterate the treasury need, I
00:10:19wish to state, venerable Senator, that our
00:10:23financing strategy is not based solely on market
00:10:26borrowings.
00:10:29We also count on the budgetary support of our technical
00:10:33and financial partners, namely the IMF, the
00:10:37World Bank, the African Development Bank, the French Development
00:10:41Agency, yes, for covering the budgetary
00:10:44gap during the period.
00:10:47Their support will be invaluable in avoiding non-concessional
00:10:50borrowing, preserving the sustainability of our
00:10:54debt, and generating treasury surpluses for financing
00:10:58the government's structuring projects.
00:11:01That is why I once again
00:11:04urge, before your chamber, that we continue
00:11:07discussions with the International Monetary
00:11:10Fund, with a view to concluding a new program
00:11:14focusing, this time, on resilience and
00:11:18sustainability.
00:11:22That's it, honorable President of the Bureau, venerable
00:11:26Senators, thus presenting the broad orientations that
00:11:29will guide the elaboration of budgets during the
00:11:33period from 2027 to
00:11:352029. This budgetary framework is a contract of
00:11:39trust between the government and the nation, it
00:11:43is ambitious but realistic, it is at
00:11:46the service of our sole the march towards
00:11:50development, the object of the next national development
00:11:53plan which itself constitutes the first step of a vast
00:11:57program focused on the realization of the Congo 2063
00:12:01vision, aligned
00:12:042063 Agenda.
00:12:07Venerable President, honorable members of the Bureau, venerable
00:12:10Senator, thank you for your kind
00:12:13attention.
00:12:17And I assure you that I have already taken note of and
00:12:20taken into account the
00:12:22recommendations
00:12:25by the Economy and Finance Commission in its report that was provided to
00:12:28us a few moments ago. Thank you,
00:12:31President.
00:12:38Thank you, Mr. Prime Minister, Head of
00:12:40Government, who has already anticipated,
00:12:43right?
00:12:48Well, I don't know if under these conditions
00:12:51it is still appropriate to give the floor
00:12:56to the Economy and Finance
00:12:58Commission.
00:13:03Venerable President of the Economy and Finance
00:13:06Commission, you still have the
00:13:09floor. Thank you, venerable
00:13:12President of the Senate for the floor given. Nevertheless,
00:13:16we will
00:13:20be concise so as not to reiterate the
00:13:23presentation made by the Prime Minister, especially concerning the
00:13:26hypotheses, and then move to the recommendations. We will read
00:13:30them for the benefit of the plenary, and
00:13:34I will therefore give the floor to the venerable rapporteur for the
00:13:37reading of our report on these different
00:13:40chapters. Venerable rapporteur, you have the
00:13:43floor.
00:13:47Thank you, venerable President.
00:13:51I invite colleagues to page 12.
00:13:58Given that everything before has just been the subject of an
00:14:01eloquent
00:14:04presentation by the Prime Minister,
00:14:08so page 12, 6, program-based
00:14:11budget.
00:14:15With the generalization of the program-based budget to all
00:14:19ministries,
00:14:21the year 2027 would be the year of consolidation. The
00:14:25reform of the program budget.
00:14:29This year will aim to
00:14:32strengthen the appropriation of program budgeting tools,
00:14:35deepen the operationalization
00:14:38of the program-based
00:14:41budget,
00:14:45stabilize the organizational and regulatory frameworks
00:14:49put in place.
00:14:52All of this must take place in a continuous
00:14:55logic of results-based
00:14:58management.
00:15:00Beware,
00:15:03the implementation of program budgets would contribute to greater
00:15:08action and to
00:15:11strengthening public
00:15:13performance.
00:15:16Debates in committee.
00:15:20The committee held working sessions within the framework of
00:15:24the budget orientation debate with government experts,
00:15:28notably the Director General of Petroleum
00:15:31Operations,
00:15:33the Director General of Gas Valorization,
00:15:37the Director General of the Posts and Electronic Communications
00:15:41Regulatory Agency
00:15:43(RPCE) and the Director
00:15:47General of the Fund Transfer Regulatory
00:15:50Agency
00:15:51(ARTF).
00:15:54Item 8
00:15:56recommendations:
00:15:591,
00:16:02respect the legal deadlines for submitting budget framework documents
00:16:05in order to
00:16:07allow parliament to organize the budget orientation
00:16:10debate before July 1st of
00:16:14each year.
00:16:172, of course, these recommendations
00:16:20are addressed to the government.
00:16:242, take into account in budget forecasts
00:16:28in a sincere and realistic manner
00:16:31forest revenues,
00:16:34mining and the digital economy.
00:16:383, deal with social
00:16:42debt, notably pension arrears for
00:16:45retirees and pension
00:16:48arrears for constitutional institutions in order
00:16:51to ease the social climate and safeguard
00:16:54peace.
00:16:58These are the arrears of institutions,
00:17:02not pension. There are pension
00:17:05arrears on the one hand and...
00:17:08of institutions on the other
00:17:10hand.
00:17:12That's right, yes, of course, because you said
00:17:16pension arrears of institutions. Oh,
00:17:19sorry.
00:17:22Yes, continue. 4,
00:17:26continue the reforms already undertaken in the financial
00:17:29authorities.
00:17:325, digitalize the services of the financial
00:17:36authorities, in
00:17:39maximize budget
00:17:41revenues.
00:17:446, periodically audit information
00:17:47systems.
00:17:517, strengthen the technical capacities
00:17:54of ministers, program managers, general
00:17:58directors, central directors, directors of administrative
00:18:02and financial affairs and
00:18:06directors of studies and planning in
00:18:09the elaboration, execution and monitoring of
00:18:13program budgets.
00:18:178,
00:18:19encourage the direct involvement of ministers in validating annual
00:18:23performance programs,
00:18:26as well as in reporting through annual performance
00:18:29reports.
00:18:339,
00:18:35strictly apply Article
00:18:388 of Organic Law No. 36/2017 of
00:18:42October 3, 2017
00:18:45on the transmission to Parliament by the
00:18:47government, for information and control
00:18:51purposes, of quarterly reports on
00:18:54budget execution and on the application of the finance
00:18:58law.
00:19:0210: Prohibit exceptional exemptions.
00:19:04( 11,
00:19:07strictly apply exchange
00:19:10regulations concerning the repatriation of export revenues.
00:19:1412.
00:19:18Continue the policy of disengagement of the country
00:19:21by prioritizing concessional loans.
00:19:2513.
00:19:28Improve the business climate to attract
00:19:31foreign direct investment and
00:19:34public-private partnerships.
00:19:3814.
00:19:40Accelerate the process of establishing the territorial
00:19:44public service.
00:19:4615.
00:19:50Reduce the state's
00:19:53containing operating expenses,
00:19:56improving the quality of public spending,
00:19:59prioritizing spending with socio-economic impact.
00:20:0316,
00:20:07guarantee strict retrocession to local
00:20:11authorities of additional centimes and other
00:20:15taxes collected by the State.
00:20:1717, in
00:20:20case of improved
00:20:23revenues, prioritize investment
00:20:26expenditure over operating
00:20:28expenditure.
00:20:32Conclusion:
00:20:35After all the analyses carried out on the issues concerning the budget
00:20:39orientation debates, as well as the fruitful
00:20:43exchanges with the members of the government,
00:20:47the commission is satisfied with this exercise of the budget
00:20:50orientation debate, which allows
00:20:53parliamentarians to be informed of the budget forecasts for the following
00:20:57year, to involve parliamentarians in
00:21:01the process of choosing public policies,
00:21:03and to strengthen participatory
00:21:06democracy. The commission, thank you,
00:21:10venerable
00:21:11President.
00:21:14Thank you, venerable President of the Senate,
00:21:18allow me to give you the floor for the debate.
00:21:20Thank you.
00:21:23The procedure requires
00:21:26that
00:21:27after the introduction
00:21:31by the Prime Minister, Head of
00:21:34Government, and following
00:21:38the
00:21:42report, which was limited here to the
00:21:46presentation of the nation,
00:21:50parliamentarians
00:21:53intervene.
00:21:55I said earlier that the Prime
00:21:58Minister had anticipated,
00:22:01since before
00:22:04parliamentarians reacted,
00:22:06he had already taken
00:22:09note
00:22:12of the recommendations. There are
00:22:1417. He took note of all the
00:22:18recommendations.
00:22:21Are there any other concerns
00:22:25that have not been taken into account by these recommendations
00:22:28and that justify the
00:22:32intervention of parliamentarians? If so, the
00:22:36debate is open.
00:22:40The venerable First Secretary will
00:22:43open the list of speakers if there were
00:22:46other concerns that were omitted
00:22:51by the recommendations as formulated by
00:22:55the commission.
00:22:57Thank you, honorable
00:23:01President. The list is open.
00:23:04To the left,
00:23:06to the
00:23:12left, in the center,
00:23:15in the
00:23:18center.
00:23:21President, no hand
00:23:23raised.
00:23:27No request for the floor. Thank
00:23:29you.
00:23:38By anticipation, the Prime Minister has
00:23:41negotiated the silence of
00:23:45parliamentarians.
00:23:49And I think that...
00:24:21Thank you. But
00:24:23if the Prime Minister has indeed taken
00:24:26note, the budget debate will be
00:24:30facilitated.
00:24:34It's just to negotiate the
00:24:36silence of parliamentarians, but the debate will be
00:24:40relaunched.
00:24:43Okay. We have thus exhausted
00:24:47our agenda.
00:24:51The session is
00:24:52adjourned.
00:25:00Thank you, dear viewers.
00:25:03With this gavel strike by the President of the
00:25:07Senate, the Senate has just
00:25:11concluded this special session,
00:25:14as it must be said, dedicated to the budget
00:25:17orientation debate, as the
00:25:21term suggests. It is about seeing how to precisely
00:25:25orient the state's needs
00:25:28according to revenues and priorities. Among
00:25:32the recommendations arising from this budget
00:25:36orientation debate made by the senators is the
00:25:39prioritization of investment expenses. And you know very
00:25:43well, dear viewers,
00:25:46is divided into two parts:
00:25:50operating and investment. And I think
00:25:52that we must precisely, as we said
00:25:56here, prioritize investment, because that is what drives
00:25:59growth upwards. We have in this growth: the
00:26:03investment part and the consumption part. And today,
00:26:06if parliamentarians prioritize investment, I
00:26:09think it is so that we can indeed move towards growth.
00:28:48I think that
00:28:52the Republic, which has now become the government
00:28:55program, is taking shape. But precisely,
00:28:59to succeed in this project, the
00:29:03government must have at its disposal the necessary
00:29:06resources to satisfy the
00:29:09aspirations of the population, which are summarized
00:29:13in terms of quality
00:29:15infrastructure in all areas, of course, electricity,
00:29:19especially, and water, and also
00:29:22roads, because development comes through
00:29:25roads. And there are other priority sectors such
00:29:29as health, education, which are undeniable, because
00:29:33today, a population that is not
00:29:36educated, a population that is sick,
00:29:40cannot move towards growth, because
00:29:43education is what drives
00:29:47infrastructure development. It is a healthy
00:29:50population that guarantees growth, because
00:29:54man is the main economic agent. We
00:29:58will still remind our viewers that before this
00:30:01state budget, which will cover 3 years, a triennial
00:30:05one, don't forget that we are fully engaged in the program
00:30:08budget, and so for the 2026 budget,
00:30:11which was recently revised,
00:30:15we can remind our viewers
00:30:17that this initial budget was set
00:30:21at the sum of 2550 billion
00:30:25540 million CFA francs. This is in the initial
00:30:28budget, and in the revised budget, it increased to
00:30:332778 billion 16 million
00:30:37initial budget, expenses were set at
00:30:412320 billion 167
00:30:45million CFA francs, and in the revised budget, expenses
00:30:48are reviewed at the sum of 2561
00:30:52billion 69 million CFA
00:30:56francs. So, this is the state budget for this...