The Central Bank of Congo (BCC) on Tuesday, November 4, rejected claims that its governor, André Wameso, had acknowledged a decline in public revenues due to the appreciation of the Congolese franc, asserting instead that state revenues have strengthened in recent months.
In a statement, the financial institution described the allegations as “erroneous and misleading” and released updated data on revenue trends and the exchange rate since the national currency began to strengthen.
According to the BCC, public revenues reached 21,881 billion Congolese francs (CDF) at the end of September 2025, compared with a forecast of 20,512 billion, representing a surplus of 1,369 billion CDF.
By the end of October, revenues had risen to 23,727.7 billion CDF, again exceeding the budget target of 22,422.4 billion, resulting in an additional 1,305.7 billion CDF.
Over the same period, the Congolese franc appreciated by 14.1%, with the exchange rate improving from 2,548.8 CDF per USD at the end of September to 2,247.9 CDF per USD at the end of October—“to the great satisfaction of the population,” the BCC noted.
The institution insisted that the available data “clearly demonstrates” that no drop in revenues has occurred despite the recent strengthening of the franc, and urged the public to rely on its official channels for accurate information regarding the country’s macroeconomic situation.
M&B
