2023-09-27 17:55:03
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In an extraordinary council of ministers, on Tuesday September 16, 2023, the government transmitted the 2024 finance and management bill to the National Assembly.
The General State Budget, management 2024 “is balanced in resources and expenses at 3,199.274 billion FCFA compared to 3,033.337 billion FCFA of the finance law, management 2023, an increase of 5.5% “. According to the council, the budget “projects a GDP growth rate of 6.5% in 2024 compared to 6.1% expected at the end of December 2023, a budget deficit which would stand at 3.7% of GDP compared to 4.3%. % projected for the end of 2023, a controlled inflation rate and a level of resource allocation to socially sensitive actions which would reach 41.9% of the general budget. Also, the draft State Budget for 2024 management is “driven by guidelines aimed at accelerating the structural transformation of the economy and at the same time achieving a better distribution of the fruits of growth”. According to the council report, this draft State budget reflects the Government’s commitment to pursue the policy of restoring public accounts in the service of equity, social justice and structuring investment, thus as the resilience efforts of the national economy in the face of exogenous shocks and the harmful effects of climate change. Thus the government indicated that “the resources of the State budget for 2024 management are estimated at 2,076 billion FCFA compared to 1,840 billion FCFA planned in the initial scenario of the 2023 finance law. They are therefore an increase of 236 billion FCFA, corresponding to a growth rate of approximately 12.8%. “This good trajectory of budgetary revenue products, despite the unfavorable global economic context, confirms the resilience of the national economy which is becoming increasingly stronger. It results mainly from tax and non-tax reforms focused on broadening the tax base and consumption dynamics, then massive investments in key sectors of the economy underway since 2016,” we can read from the account. rendering of the advice.
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