DR Congo’s National Assembly admits $24.8 billion 2027 budget
By the AFREEQUE newsroom, based on Actualité.cd
The National Assembly of the Democratic Republic of the Congo has declared the 2027 budget proposal admissible, balanced at 57.5 trillion Congolese francs, or approximately $24.8 billion. The bill provides in particular for growth of 5.8% and average inflation of 6.4%, according to Actualite.cd.
The National Assembly of the Democratic Republic of the Congo declared admissible on Friday 30 October the 2027 finance bill, presented with a balanced budget of 57.5 trillion Congolese francs, or approximately $24.8 billion. After two days of debate, the bill was referred to the Economic and Finance Committee, which has 20 days to examine it and submit its report to the Assembly’s bureau, Actualité.cd reports.
The Congolese government forecasts real growth of 5.8% in 2027, compared with 5.6% in 2026, driven by the mining sector and non-extractive activities. Average inflation is projected at 6.4%, compared with 3.5% this year, while the average exchange rate adopted is 2,300 Congolese francs to the dollar. Nominal gross domestic product would reach 315.1 trillion Congolese francs, or approximately $137 billion.
The parliamentary review comes after the presentation of the $24.8 billion 2027 budget on 29 October and debates on its inflation forecasts, published the same day in the article on the 2027 budget with 6.4% inflation.
