By JEAN KASSONGO in Kinshasa

THE Democratic Republic of Congo (DRC) has signed performance contracts with general directors of financial authorities under the management dialogue designed to maximise revenue.

These contracts, effective for the 2021 fiscal year, are based on voluntary increases in the revenue target and the introduction of performance indicators to assess the efforts of each financial authority’s operational departments in mobilizing revenue, irrespective of their location in the country.

The annual revenue target has been adjusted to CDF 10,780 billion (US$5,421 billion), a 15 percent increase over the CDF 9,374 billion set by Parliament.

This places it above the revenue target of CDF 10,198 billion set in the International Monetary Fund (IMF) programme.

A total of 43 performance indicators have been selected this year.

A special bonus is expected for achieving the annual assignments, as readjusted in the performance contracts.

A committee will be established for monitoring and evaluation. – CAJ News