DR Congo’s 2027 budget forecasts 6.4% inflation
By the AFREEQUE newsroom, based on Desk Eco
Congolese Prime Minister Judith Suminwa presented a 2027 budget proposal of 56,930 billion Congolese francs, around 24.8 billion US dollars, with expected growth of 5.8%. The government forecasts average inflation of 6.4%, against 3.5% in 2026, according to the proposal sent to the National Assembly.
The government of the Democratic Republic of the Congo expects average inflation of 6.4% in 2027, compared with 3.5% this year, in its budget proposal presented to the National Assembly on Thursday. The expected rise in prices is linked in particular to higher energy and food costs, according to the executive’s forecasts.
The finance bill totals 56,930 billion Congolese francs, or around 24.8 billion US dollars, with revenues and expenditure balanced. It is based on economic growth of 5.8% in 2027, compared with 5.6% in 2026, supported by the mining and non-extractive sectors. The amount is nearly 12% higher than the 2026 supplementary budget.
To finance this spending, the government is counting on 41,786 billion Congolese francs in domestic revenue, including 40,211 billion in current revenue, and 9,456 billion in external revenue. The executive plans to broaden the tax base, combat fraud and make standardised VAT invoices universal. It is targeting average tax revenue equivalent to 13% of GDP between 2027 and 2029, and at least 17% in 2035, counting in particular on demand for copper and cobalt despite commodity-price volatility.
The proposal will be examined by parliamentary groups for two days before being adopted. The presentation comes after the publication of revenue forecasts for the fourth quarter and the presentation of a 2027 budget of 24.8 billion US dollars.
