Budget

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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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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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Presentation of the State Finance Bill for 2022 Financial Year

Ludovic Ngatsé, Minister Delegate in charge of the Budget to the Minister of Finance, Budget and Public Portfolio, Rigobert Roger Andely, presented on Friday 22 October 2021 to the National Assembly and then to the Senate, the State Finance Bill for the 2022 financial year. The finance bill provides for a budget of 1935.3 billion CFA francs in revenue and 1735 billion CFA francs in expenditure, with a surplus of 200.3 billion CFA francs.

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National Assembly/Senate

The Two Houses of Parliament, led respectively by Isidore Mvouba, Speaker of the National Assembly, and Pierre Ngolo, President of the Senate, have examined and adopted with amendment in the National Assembly and without amendment in the Senate unanimously, the Draft Amending Finance Bill for the 2021 financial year, Sunday 8 and Monday 9 August 2021. The Finance Law for the year 2021 is set at CFA francs 1,671 billion 635 million in revenue and CFA francs 1,521 billion 15 million in expenditure. 

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National Assembly

The State budget for the financial year 2021, set in revenue at the sum of 1,873 billion 957 million CFA francs, and in expenditure at 1,523 billion 387 million CFA francs, was adopted, Friday, December 18, 2020, in a plenary session of the tenth ordinary budgetary session of the National Assembly, chaired by its first Senior Vice-Speaker, Leon Alfred Opimbat. 

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