French President's working visit to Brazzaville
Friday, February 17, 2023 in Brazzaville, Jean-Baptiste Ondaye, Minister of Economy and Finance, launched the campaign to popularize the instruction for the application of the tax provisions contained in Law No. 77-2022 of December 22, 2022 on the Finance Act for the year 2023. This instruction dates from February 8, 2023 and was signed by Ludovic Itoua, Director General of Taxes and Domains (DGID).
From Monday February 13 to Tuesday February 21, 2023, a team from the World Bank (WB) is staying in Brazzaville (Republic of Congo), for an identification mission with a view to preparing the second budget support operation of this international financial institution of Bretton Woods for the Republic of Congo. This mission was received at an initial meeting by the Minister of Economy and Finance, Jean-Baptiste ONDAYE, and his colleague from the Budget, Public Accounts and Public Portfolio, Ludovic NGATSE.
Jean-Baptiste Ondaye, Congolese Minister of Economy and Finance, opened, Tuesday, January 31, 2023 in Brazzaville, the meeting to present the conclusions of the joint mission led by the International Monetary Fund (IMF) and the World Bank (WB). ), on the assessment of Public Investment Management (PIM), including the consideration of climate change in the Republic of Congo (PIMA/C-PIMA, for short). In the presence of Nicolas Million, Resident Representative of the IMF in Congo, and Claude Wendling, Head of Joint Mission, and Principal Economist at the IMF.
The Minister of Economy and Finance, Jean-Baptiste Ondaye, has been appointed head of the ministerial committee of the Central African Monetary Union (Umac) for a one-year term, at the end of a meeting of the community institution held on 22 December in Douala, Cameroon.
On Tuesday 20 December 2022, the National Balance of Payments Committee (CNDBP) of Congo met at the Bank of Central African States (BEAC) in Brazzaville. The meeting was chaired by Franck Mondésir Mbouayila Tsassa, Director General of the Economy, in the presence of Appolinaire Akilabi, representing Roger Gossaki, Director General of the Currency and External Financial Relations (DGMRFE). The Committee noted that Congo's economic and financial transactions with the rest of the world resulted in a current account surplus of CFAF 829 billion 200 million in 2020 (or 13.0% of the Gross Domestic Product - GDP), but down by 13.3% compared to 2019, when it stood at CFAF 956 billion 400 million (or 11.6% of GDP).
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