DR Congo to Audit Its Mining Joint Ventures: Statement
DR Congo to Audit Its Mining Joint Ventures: Statement
President Félix Tshisekedi has ordered that public finances fully benefit from strong mining export performance and that foreign exchange reserves be strengthened to support monetary sovereignty, according to a government statement.
Key points by the president:
🟠The problem is not with mining production, but with weak revenue collection from exports to the state budget.
🟠The country must systematically control its mining assets and ensure clearer representation in joint ventures.
🟠Major vulnerabilities include non-repatriation of foreign exchange earnings from mining and capital flight through fraudulent imports.
🟠The government must start an audit within 30 days and present initial results by June 15.
Government spokesman Patrick Muyaya reading the president's statement at the 87th Council of Ministers.
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