Congo: Forecast of increase in budget revenues for 2025

Congolese Budget Minister Ludovic Ngatse has announced an ambitious plan for the 2025 budget, with a projected increase in revenue of nearly $4.7 billion . The plan marks an 8.48% increase over the estimated revenue for 2024, set at around $4.3 billion . The new target is part of the government’s strategy to strengthen tax collection, with a particular focus on non-oil revenue, in order to stabilize and diversify the economy.

Distribution of revenue sources: focus on taxes and customs

In this 2025 budget, a significant share of the increase in revenue will come from taxes and duties with a projected increase of 30.62% , or $1.66 billion , compared to the 2024 budget. Customs is also expected to contribute with an increase of 15.32% , reaching $365 million . This growth is the result of reforms in revenue collection and initiatives for greater efficiency in the country’s tax management.

A recovering economy and growth targets

In 2023, Congo recorded an economic growth of 3.9% , after a rate of 1.7% in 2022, according to the African Development Bank (AfDB). This recovery is mainly attributed to the performance of the oil sector. To continue this momentum, the government is relying on the National Development Plan (PND) 2022-2026 and the IMF’s Extended Credit Facility program , aimed at consolidating revenues and rationalizing expenditures, with a focus on strategic sectors such as infrastructure, education, health, and youth employment.

Economic growth forecast for 2025

For 2025, Congo is counting on economic growth of 3.8% , supported by the dynamism of the non-oil sector, which should contribute 4.1% . Projected budgetary expenditures for 2025 are estimated at 3.73 billion dollars and will be oriented primarily towards strategic investments.

Conclusion

The projected increase in budget revenues for 2025 illustrates Congo’s efforts to broaden its tax base and optimize the collection of non-oil revenues. Driven by a recovering economy, this budget is part of a dynamic of sustainable growth and economic diversification. Tax reform and digitalization initiatives are crucial steps to achieve growth objectives, by strengthening the country’s financial autonomy and supporting key sectors for national development.