Analysis of the Influence of Monetary Policy on Economic Growth in the Democratic Republic of Congo from 1976 TO 2010


Article PDF :

Veiw Full Text PDF

Article type :

Original Article

Author :

Marcel Kamba-Kibatshi

Volume :

1

Issue :

2

Abstract :

This article discusses and describes the analysis of the impact of the banking system for the payment of state officials and economic growth for the Democratic Republic of Congo. The bankarization of the pay of state officials is considered as a large project that falls within the framework of the institutional reforms advocated by the Government of this country in order to strengthen the efficiency of the State. It aims at meeting the continuous criterion of the Government's Economic Program concerning the nonaccumulation of wage arrears. This implies the prior harmonization of the payroll system of state agents and civil servants. The bankarization of the pay of state officials is the first step in the restoration of legality in administrative management, budgetary discipline and financial orthodoxy in order to promote good governance. In fact, the banking reform goes beyond the pay of civil servants but aims at the establishment of a financial and banking system throughout our country in order to restore the economic fabric and channel financial transactions between the two countries. State, provinces and decentralized territorial entities (DTEs). As such, the banking system prepares the bases of decentralization by already setting up the circuits which will be used for the transfer of funds towards the decentralized territorial entities (DTE) even the most distant from the center. JEL Classification : O55, G18, G21, C12

Keyword :

Banking, banking system, payment, agents and government officials, formal economy

Doi :

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