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The 2002-PUR Club donates 10 million FCFA to the National Solidarity Fund against COVID-19

Thursday 30 April 2020, the Club 2002-PUR (political party of the Presidential Majority) led by Just Désiré Mondelé, Political Advisor to the Head of State, Denis Sassou-N'Guesso, handed a cheque of 10 million FCFA to the Minister Delegate to the Budget, Ludovic Ngatsé, as part of his contribution to the National Solidarity Fund against COVID-19, created by the Government.

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National Solidarity Fund for the Fight against COVID-19

The Minister delegate to the Minister of Finance and Budget, in charge of  Budget, Ludovic Ngatsé, successively received, Thursday 23 April 2020 in Brazzaville, cash donations of 50 million F CFA from the Professional Association of Insurance Companies of Congo (APSACO) ; 25 million F CFA from the mauritanian community of Brazzaville and 20 million F CFA from the SCAB company, for a total of 95 million F CFA to effectively fight against the spread of coronavirus in Congo.

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Ludovic Ngatsé officially assumes duties as Budget Minister deleguate

The ceremony of handing over of instructions between Ingrid Olga Ghislaine Ebouka-Babackas, Minister of Planning, Statistics, and Regional Integration, Transports, Civil Aviation and Merchant Navy, representing Calixte Nganongo, Minister of Finance and Budget, and Ludovic Ngatsé, Budget Minister Deleguate to Minister of Finance and Budget, took place Friday, March 20, 2020, in the meeting hall of the Ministry of Finance in Brazzaville.

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State budget for the financial year 2020

The Members of Parliament and Senators of the Congolese Parliament (Republic of Congo), meeting in plenary, during their budget sessions opened on October 15, 2019, adopted unanimously, with amendment, on Friday 20 December and Sunday 22 December 2019, respectively, the finance bill for the financial year 2020, which has been adopted in revenue at the sum of 2020 2, 175 billion 348 million 669, 503 FCFA and in expenditure at 1, 579 billion 350 million FCFA. This finance bill generates a projected budget surplus of 514 billion 722 million FCFA. It is slightly up on that of 2019, which amounted to 504 billion 165 million FCFA.

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Presentation of the Draft Finance Bill of the State for the 2020 Financial Year in the National Assembly

The Minister of Finance and Budget, Calixte Nganongo, presented, Wednesday 30 October 2019, to the Members of Parliament, the draft finance bill of the State for the 2020 financial year, which amounted to 2175 billion 384 million in revenue, and to 1679 billion 423 million FCFA in expenditure, generating a positive fiscal balance of 495 billion 961 million FCFA. 

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