Diplomatic World nummer 54
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system and in the banks. Also, we would provide securities<br />
to everybody. I would like to introduce what I call “the<br />
Kinshasa stock exchange”. What is the purpose of this?<br />
The current system allows foreign companies to hold all<br />
of the shares of some major Congolese companies. When<br />
they decide to sell, they sell, for example, to the Chinese.<br />
But how can someone like me, a Congolese shareholder,<br />
buy shares from the companies of my country? By having<br />
the stock exchange, those companies will be listed in the<br />
register of the Kinshasa stock exchange, which means that<br />
any Congolese who wants to become a shareholder can call<br />
his or her broker and buy the shares to participate in the<br />
national wealth. So, these are the reforms in the franchise<br />
system. The next pillar of the strategy is to develop labour<br />
intensive infrastructure, such as roads, highways, railroads,<br />
airports, national parks, schools, public hospitals and so<br />
on. We will build about 400 more cities throughout the<br />
country.<br />
By doing so, we will create jobs for the Congolese. This<br />
is a country where everything is still left to be done, so<br />
it doesn’t make sense that people are unemployed. We<br />
have to create opportunities for the Congolese people to<br />
participate, and if they don’t have the skills, we will bring<br />
people in from outside of the Congo. The next pillar is<br />
to accelerate industrialization. I already mentioned that<br />
this involves our natural resources. We want to create a<br />
system to attract foreign investment to mingle with the<br />
Congolese private sector and we will transform some of<br />
the raw materials into semi-finished and finished goods<br />
in the country itself. By doing so, we will create jobs for<br />
our people but also creating opportunities for those who<br />
are coming to help us. The next pillar is about human<br />
resources. Where will we find them? I already mentioned<br />
we will look for the human resources in the Congo itself, in<br />
the diaspora and if we can’t find the expertise, we will bring<br />
in the international experts and the international private<br />
sector to work with us. Finally, where will we find the<br />
finances for this programme? I have estimated the cost of<br />
this programme at 800 billion dollars over 15 years.<br />
Most of the money will come from fighting corruption,<br />
because the Congo generates revenues, but those revenues<br />
go into private pockets. The place to start is to fight<br />
corruption, to bring those revenues back and put them in<br />
the national budget. By doing so, we will reduce the need<br />
to borrow from outside the country. We will, however, keep<br />
working with the international community, the foreign<br />
investors, the bilateral and multilateral donors.<br />
Out of the total cost of 800 billion dollars, 600 billion dollars<br />
will come from the internally generated revenues, which<br />
would be an average budget of about 45.3 billion dollars per<br />
year. Then, about 3 billion dollars per year will come from<br />
bilateral and multilateral donors, which is the current level I<br />
want to maintain. The final portion will come from the direct<br />
foreign investors, about 75 billion dollars over 15 years. This<br />
means we will have an annual increase of about 3 to 5 billion<br />
dollars a year, because we are going to stabilize the country<br />
and we are going to create a good environment for the private<br />
sector, also from outside the country. So, the summary is:<br />
680 billion dollars coming from internal resources, 45 billion<br />
dollars from bilateral and multilateral donors and 75 billion<br />
dollars from direct foreign investment, making it a total of<br />
800 billion dollars over 15 years.<br />
If you compare that to the potential revenues of the<br />
country, it’s quite limited.<br />
Yes, in that way I’m being very conservative, because I don’t<br />
want to scare off the people. The Congo is going to take off<br />
in a bigger way, because once we have a stable institution<br />
and we have good leadership with a good vision, you will<br />
see that people will come knocking on the Congo’s door<br />
to come and invest. But, in general, we will raise more<br />
revenues; fiscal revenues, mining revenues, from different<br />
sources. The national budget of the Congo will increase<br />
tremendously. To give you an idea: Angola, a neighbouring<br />
country, had a budget of 66 billion dollars in 2015. South<br />
Africa has a budget of 125 billion dollars this year.<br />
It makes no sense that my country, the biggest in Africa<br />
with all the natural resources, has a budget of only 8 billion<br />
dollars. Something is wrong. We are going to restructure the<br />
functioning of the state, of the governance system to make<br />
sure that all the revenues go to the national budget and are<br />
used to develop the country.<br />
Can you be optimistic about the corruption in the<br />
country?<br />
Congolese are not corrupt by birth, nor is any other human<br />
being on this earth. The system has created an environment<br />
in which corruption can exist. The current system goes like<br />
this: if you have a job, you work all day from morning until<br />
evening, 30 days per month, 365 days per year. And at the<br />
end of each month, you get paid 50 dollars, but you’re living<br />
cost is, say, 1000 dollars.<br />
What choice do we have then but to be corrupt? Everyone<br />
knows that when you pay a person very little, you put them