News

Congolese Sinking Fund (CCA)

On Wednesday 3 August 2022 in Brazzaville, Théodore Ikémo,  General Manager of the Congolese Sinking Fund (CCA), made a presentation on the payment of the domestic commercial debt by the State, as provided for in the social project of the President of the Republic, His Excellency Denis Sassou-Nguesso, and in the Government's Action Programme, one of the twelve projects of which is the consolidation of public finances.

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Congolese Sinking Fund (CCA)

On Monday, 1 August 2022 in Brazzaville, the first stage of verification of files was launched with a view to the full payment of all audited and validated debts of economic operators. In total, 204 creditors are concerned in this first stage in Brazzaville and Pointe-Noire.

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Adoption of the amending budget for the year 2022 in Parliament

The Amending Finance Bill of the Republic of Congo, for the 2022 fiscal year, was voted unanimously and without amendments in plenary sessions last week in Brazzaville. It was, respectively, Wednesday 27 in the National Assembly (chaired by Isidore Mvouba) and Thursday, July 28, 2022 in the Senate (led by Pierre Ngolo). In the presence of three Members of the Government team; in this case, Pierre Mabiala, Minister of State, Minister of Land Affairs and State Property; Rigobert Roger Andely, Minister of Finance, Budget and Public Portfolio; and Ludovic Ngatsé, Minister delegate for the Budget.

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COGELO S.A’s New General Manager inducted

The New General Manager of the Congolese Gambling Management Company (COGELO), Etienne Makosso, was installed in his duty on Monday 18 July 2022, at the company’s headquarters in Brazzaville. The induction ceremony was placed under the auspices of Michel Mongo, Chairman of the Board of Directors, and attended by the outgoing General Manager, representatives of the Prime Minister's Office, the Ministry of Finance, Budget and Public Portfolio, as well as company's officials. 

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IIA Consistency Control Seminar ends

From Monday 4 to Friday 8 July 2022 in Brazzaville was held the seminar of executives of the insurance sector, under the theme: “The control of consistency and relevance of financial statements of insurance companies by the National Insurance Directorates (DNA) of the Member States of the Inter-African Conference of Insurance Markets (CIMA). The thirty or so participants called for the development of a special status for insurance supervisors.

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Insurance Markets Inter-African Conference (CIMA)

On Monday, July 4, 2022 in Brazzaville, Jean Pierre Nonault, Director General of National Financial Institutions (DGIFN), representing Rigobert Roger Andely, Congolese Minister of Finance, Budget and Public Portfolio, opened the proceedings of the seminar for insurance supervisors from the 16 Member States of the Insurance Markets Inter-African Conference (CIMA).

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Congo-France cooperation

Rigobert Roger Andely, Congolese Minister of Finance, Budget and Public Portfolio, François Barateau, French Ambassador to Congo, and Maurizio Cascioli signed a credit agreement on Friday 24 June 2022 in Brazzaville, enabling France to provide Congo with budgetary support of 67.5 million Euros, or  CFAF 44.3 billion, over the period from 2022 to 2024.

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