Public Treasury received 65.8 million USD from oil producers in the first half of 2020- DRC
At the end of June 2020, the oil producers contributed to the Public Treasury with revenues of around 121.7 billion FC (65.819 million USD) against a linear forecast of 221.3 billion FC (119.686 million USD), i.e. an achievement rate of 55.0%, indicates the government in its report on the execution of the 2020 Budget in the first half of the year.
These achievements include the tax share representing 38.3% for the Directorate General of Taxes (DGI) for IBP and the non-tax share of 61.7% collected by the Directorate General of Administrative and Domanial Revenue, Judicial and Participation (DGRAD). This quota is distributed as follows: – the distributable margin: CF 35.7 billion; – royalties: 12.9 billion FC; – on shore dividends: FC 15.9 billion; – off-shore participation: 10.7 billion FC.
