News

2nd session of the National Investment Commission (CNI)

Wednesday, November 29, 2023 in Brazzaville, Mr. Athanase Ngassaki, Chief of Staff, representing Mr. Jean-Baptiste Ondaye, Minister of Economy and Finance and President of the CNI chaired, in the meeting room of the said ministry, the work of the second session of the National Investment Commission (CNI), in the presence of Mr. Franck Mondesir Mbouayila Tsassa, Director General of the Economy and Permanent Secretary of the CNI.

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National Economic and Financial Committee (CNEF) Congo

The National Economic and Financial Committee met in ordinary session, Friday, November 24, 2023, at the headquarters of the National Directorate of the Bank of Central African States (BEAC) in Brazzaville, under the chairmanship of Mr. Jean-Baptiste Ondaye, Minister of Economy and Finance. This session was attended by Ms. Ingrid Olga Ghislaine Ebouka-Babackas, Minister of Planning, Statistics and Regional Integration; of MM. Ludovic Ngatsé, Minister of Budget, Public Accounts and Public Portfolio, Mr. Michel Dzombala, Vice-Governor of the BEAC, and Marcel Ondelé, Deputy Secretary General of the Central African Banking Commission (COBAC).

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Official installation of the National Director of the BEAC

Friday, November 24, 2023 at the headquarters of the National Directorate of the Bank of Central African States (BEAC) for the Republic of Congo, in Brazzaville, the Minister of Economy and Finance, Mr. Jean-Baptiste Ondaye, Authority Congolese monetary institution and Chairman of the Board of Directors of the Bank, officially installed, in his position as National Director of this sub-regional financial institution, Mr. Serge Dino Daniel Gassackys, of Congolese nationality.

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Governance and Economic Diversification Support Program (PAGDE) - Phase 1

Thursday, November 23, 2023 in Brazzaville, Mr. Jean-Baptiste Ondaye, Congolese Minister of Economy and Finance, signed a loan agreement of 92 million Euros (or approximately 60 billion CFA francs) with the African Bank of Development (AfDB), represented by its Deputy Director General for Central Africa, Mr. Solomane Kone.

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Virtual meeting of African Governors of the International Monetary Fund (IMF)

Tuesday, November 21, 2023, the African Governors of the International Monetary Fund (IMF) held their meeting by videoconference. The discussions focused on the question of the 3rd Chair for Sub-Saharan Africa (SSA) on the Board of Directors of this international financial institution.

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Closing of the IMF technical mission to Brazzaville

Thursday, November 2, 2023 in Brazzaville, Jean-Baptiste Ondaye, Congolese Minister of Economy and Finance, received the end of technical mission report from the delegation of the International Monetary Fund (IMF), led by the Togolese Roland Kpodar. This mission spent 14 days in Congo, to finalize the collection of data relating to the fourth review of the Program supported by the Extended Credit Facility (ECF), signed in January 2022.

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Central African Economic and Monetary Community

Following changes within the Congolese Ministry of Economy and Finance, and in application of Article 4 of Instruction No. 06 of the Securities Settlement and Conservation Unit (CRCT) of the Bank of States of Central Africa (BEAC) of November 18, 2021, establishing the establishment, composition and operation of the Permanent Framework for Consultation of the Public Treasury of the Economic and Monetary Community of Central Africa (CPC-TP-CEMAC), the Congolese Gatien Ondaye Obili, Advisor for monitoring and cash management to the Minister of Economy and Finance, Mr. Jean Baptiste Ondaye, will represent the Congolese State next year as President of this sub-regional community institution.

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Handover and installation of Advisors to the Minister of Economy and Finance

During October 2023, twelve Congolese executives including ten men and two women were inducted by the Inspector General of Finance (IGF), into the various positions of Advisor to the Minister of Economy and Finance, Mr. Jean-Baptiste Ondaye. The latter who appointed them in September, on the basis of their files compiled following a call for applications.

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