Kinshasa, May 20th, 2025 (CPA) – President Felix Tshisekedi has hailed the reduction in the shortfall caused by the payments from oil distributors, which has fallen from 281 to 31 million US Dollars in the Democratic Republic of Congo thanks to the efforts of the Ministry in charge of the Economy, according to a letter from the Presidency consulted on Tuesday by CPA.
‘The ministry headed by Professor Daniel Mukoko has achieved a “significant” 89% reduction, from 281 to 31 million US dollars, in the shortfall paid to petroleum distributors between 2023 and 2024, which has delighted the President of the Republic,’ has written Anthony Nkinzo, Director of the Office of the Head of State. ‘Mr Deputy Prime Minister, Minister in charge of the National Economy, His Excellency the President of the Republic has instructed me to acknowledge receipt of the copy reserved for him of your letter of May 8th, 2025, addressed to Her Excellency the Prime Minister, Head of Government, concerning the matter in question (certification of losses and shortfalls of oil companies 2024)’, it is further added. Reacting to this, the highest hierarchy salutes the efforts made by your ministry, in accordance with its instructions, to complete the certification of losses and shortfalls in oil companies’ earnings, has added Mr Nkinzo.
« It (senior management) welcomes the rigour and transparency of the methodology adopted and the significant reduction (89%) in losses and shortfalls between 2023 and 2024. This testifies to the effectiveness of the government’s measures to stabilise the sector », has added the Chief of Staff to the President of the Republic. Furthermore, the report mentions the oil companies that have been found to have made profits over the same period. A list has even been drawn up to ensure that they pay what they owe to the State. Finally, President Tshisekedi, through his chief of staff, ha, has encouraged the Minister in charge of the National Economy to “evolve along this path”, saying that he “approves (his) proposals to gradually correct the structural exchange rate”. CPA/