News

Directorate General of National Financial Institutions (DGIFN)

On Thursday 3 February 2022 in Brazzaville, Jean-Pierre Nonault, Acting Director General of National Financial Institutions (DGIFN), received the heads of microfinance institutions in Congo. In the presence of Dieudonné Ndinga-Moukala, General Manager of the Federation of Congolese Mutual Savings and Credit Associations (MUCODEC), and President of the Professional Association of Microfinance Institutions (APEMF).

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Congo-World Bank cooperation

Rigobert Roger Andely, Minister of Finance, Budget and Public Portfolio, sponsored the Public Expenditure and Financial Accountability (PEFA) method appropriation seminar in Brazzaville on Tuesday 11 January 2022. He was accompanied by his colleague Ludovic Ngatsé, Delegate in charge of the Budget, and Korotoumou Ouattara, World Bank Representative in Congo.

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Directorate General of Taxation and State Properties (DGID)

On Tuesday 11 January 2022 in Brazzaville, Ludovic Itoua, Director General of Taxation and States Properties (DGID), opened the workshop on the presentation of the Matrix for implementing the recommendations of Tax Administration Assessment Diagnostic Tool (TADAT) in the presence of Clovin Boziré Ontsouon-Assen, Monitoring and Assessment Officer of the Public Sector Integrated Reforms Project (PRISP).

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Vote on the 2022 finance law

On Saturday 18 and Monday 20 December 2021 in Brazzaville, the two House of the Congolese Parliament successively adopted unanimously (with amendment, for the lower House, and without amendment, for the upper House) the State finance bill for 2022 fiscal year, at the amount of 1935 billion 253 million in revenue and 1, 734 billion 964 million CFA francs in expenditure. The session was presided over by Isidore Mvouba, Speaker of the National Assembly, and Pierre Ngolo, President of the Senate, respectively. Rigobert Roger Andely, Minister of Finance, Budget and Public Portfolio, and Ludovic Ngatsé, Minister Delegate for the Budget, were also present. 

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National Economic and Financial Committee (CNEF)-Congo

The last quarterly meeting of the National Economic and Financial Committee (CNEF)-Congo, for the year 2021, was held on Tuesday 14 December at the headquarters of the National Directorate of the Bank of Central African States (BEAC), in Brazzaville. The meeting was chaired by Rigobert Roger Andely, Minister of Finance, Budget and Public Portfolio. In the presence of his colleague, Ingrid Olga Ghislaine Ebouka-Babackas, in charge of the Economy, Planning, Statistics and Regional Integration, and Michel Dzombala, National Director of the BEAC and Secretary-General of  CNEF.

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BDEAC and Congo sign a Loan Agreement of CFAF 100 billion

On Friday 10 December 2021 in Brazzaville, Fortunato-OfaMboNchama, President of the Development Bank of Central African States (BDEAC), and Rigobert Roger Andely, Minister of Finance, Budget and Public Portfolio signed the CFAF 100 billion BDEAC financing agreement for the first phase of the Brazzaville-Ouesso (Republic of Congo) - Bangui (Central African Republic) - N'Djamena (Republic of Chad) multimodal corridor development project.

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France-Congo cooperation

On Monday 29 November 2021, the Minister of Finance, Budget and Public Portfolio, Rigobert Roger Andely, representing the Congolese government, and the French Ambassador to Congo, François Barateau, for the French government, signed the Third Bilateral Agreement on the suspension of debt servicing with regard to France within the framework of the Debt Service Suspension Initiative (DSSI) decided by the G20 in 2020.

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