Kinshasa, July 30th, 2025 (CPA)-The importance of better-targeted tax incentives to stimulate productive investment was highlighted on Tuesday by the Minister of Industry in his panel discussion on the 2026 budget, which opened on Monday in Kinshasa, the capital of the Democratic Republic of Congo, according to a statement seen on Tuesday by the CPA.
« In his panel discussion on the presentation of the World Bank’s new report on DRC, Minister of Industry Louis Watum Kabamba stressed the need for better-targeted tax incentives capable of stimulating productive investment while preserving the state’s budgetary capacity. He also insisted on the relevance of a simple, stable and equitable tax system, considered more effective in the long term than complex and discretionary exemption schemes, » according to document of the Ministry in charge of Industry . According to Minister Watum, this annual report provides an updated overview of the national economic situation. To this end, it has made key recommendations to accelerate growth, strengthen economic governance and promote more inclusive development. While welcoming this initiative, the minister expressed the hope that this type of presentation and debate would not be limited to the elite circle of Gombe, but would be disseminated to universities and other provincial circles. This meeting reflects the government’s commitment, through the Minister of Industry, to integrate the report’s recommendations into an ambitious vision of economic reforms aimed at the structural transformation of the Congolese economy.