Kinshasa, November 19th, 2025 (CPA).- The contribution of oil resources from the Democratic Republic of Congo to the public treasury, intended to cover a budget gap of CDF 328 billion, was presented to senators by the Minister of National Economy on Tuesday in Kinshasa, according to a statement consulted by the CPA on Wednesday. « The Deputy Prime Minister and Minister in charge of National Economy, Daniel Mukoko Samba, met with the honorable senators sitting on the Senate’s Economic and Financial Committee (ECOFIN) at the Golden Tulip Hotel. During this session, the Deputy Prime Minister presented to the senators the contribution of oil resources to the public treasury, in particular the coverage of the budget gap amounting to CDF 328 billion, in addition to parafiscal revenues such as the National Road Maintenance Fund (FONER), » read the statement from the Ministry of Economy.
According to the source, the meeting was mainly devoted to examining the senators’ concerns about the issues surrounding the pricing structure of petroleum products and, in particular, the management of the various lines, notably the security stock and economic interventions. Mukoko Samba, according to the press release, also provided detailed explanations on each line of the petroleum product price structure, in particular: security stock 1, the first mechanism established in 2009 to absorb losses and shortfalls (PMAG) incurred by oil companies; security stock 2, created by an interministerial decree involving the Ministries of Finance, Hydrocarbons, and National Economy, which now constitute the guarantee for PMAG reimbursement. “And whose management is monitored directly by the collecting banks, which wait until the due date for the centralizing bank to credit the monthly repayment share to the escrow account of the Ministry of Finance, which makes the final repayment to the lending banks,” the source said. The document indicated that security stock 2 involves the lending banks, the Ministry of National Economy, which manages the PMAGs, and the Ministry of Finance, which repays the loan through its escrow account.
MAG determination mechanisms explained
According to the same press release, the Deputy Prime Minister specified that the MAG determination mechanisms are based on a rigorous volume certification process carried out within his ministry, in particular by the CRP and the Petroleum Product Price Monitoring Committee, which reports to the Secretary General. He pointed out that initial volume certification is carried out by the Ministry of Hydrocarbons, an important step in establishing the price structure.
According to Senator Claude Bossio Wa Bossio, this exchange helped to demystify the recurring issue of losses and shortfalls, which had long been considered opaque. Thanks to the new pricing structure, it will be possible to consolidate the significant reduction in these losses, which have already fallen from $30 million per year to around $15 million per half-year, he said.
According to him, this is a significant step forward, made possible in particular by the orthodox management of security stock 2, which has become a source of revenue enabling these revenue shortfalls to be contained in the long term. The senator said that the Deputy Prime Minister had delivered a clear and structured presentation, facilitating understanding of this long-misperceived issue. The members of the Ecofin Committee were able to ask questions and welcomed the clarifications provided. In particular, they noted that the funds intended to compensate for revenue shortfalls are collected from consumers and deposited in escrow accounts opened in the name of the Ministry in charge of Finance in commercial banks.