Cooperation

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13th Ordinary Meeting of the PREF-CEMAC COPIL

The 13th ordinary meeting of the Steering Committee (COPIL) of the Economic and Financial Reform Program of the Central African Economic and Monetary Community (PREF-CEMAC) was held by videoconference on Thursday, April 15, 2021 in Brazzaville. Under the auspices of its Chairman, Gilbert Ondongo, Congolese Minister of State in charge of Economy, Industry and Public portfolio. He was assisted by Ludovic Ngatsé, Congolese Minister in charge of Budget. Five integrating projects will start in 2021. 

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Congo-China Cooperation

As part of the implementation of the G-20 Debt Service Suspension Initiative (ISSD) of April 2020, Calixte Nganongo, Congolese Minister of Finance and Budget, and Mâ Fulin, Ambassador of the China People's Republic, signed an Agreement to cancel part of Congo's debt. This cancellation mainly concerns two interest-free loans due in December 2020, worth 7.8 billion F CFA.

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12th Ordinary Meeting of the PREF-CEMAC Steering Committee

The 12th ordinary meeting of the Steering Committee (COPIL) of the Economic and Financial Reform Programme of the Central African Economic and Monetary Community (PREF-CEMAC) took place on Friday 18 December 2020 by videoconference from Brazzaville (Congo). Under the auspices of its president, Gilbert Ondongo, Congolese Minister of State in charge of the economy, industry and public portfolio.

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Cooperation France/Congo

The signing ceremony of the Bilateral Agreement between the Republic of Congo and France within the framework of the Debt Service Suspension Initiative (ISSD) took place on Tuesday 15 December 2020 in Brazzaville. The solemn act was performed on the Congolese side by the Minister of Finance and Budget, Calixte Nganongo, accompanied by his colleague in charge of the Budget, Ludovic Ngatsé, and on the French side by his Ambassador, François Barateau.

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Congo-World Bank Cooperation

The Minister of Finance and Budget, Calixte Nganongo, and his colleague in charge of the Budget, Ludovic Ngatsé, on Thursday, December 3, 2020 in Brazzaville, met with a delegation of the World Bank led by Abdoulaye Seck, Director of Operations of this financial institution in Congo, Cameroon, Central African Republic, Gabon and Equatorial Guinea.

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Virtual Meetings of the Bureau of the IMF/WB Africa Group II Board of Governors and the IMFC Plenary in Washington, D.C.

On Wednesday 14 and Thursday 15 October 2020 in Washington (USA), the virtual meeting of the Bureau of the Africa Group II of Governors of the International Monetary Fund (IMF) and the World Bank (WB), as well as the Plenary of the International Monetary and Financial Committee (IMFC), were held by videoconference. The Republic of Congo participated through the Minister of Finance and Budget, Calixte Nganongo, Governor of the IMF for his country, represented by his colleague in charge of the Budget, Ludovic Ngatsé.

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Audience granted to UNDP

The Congolese Minister of Finance and Budget, Calixte Nganongo, accompanied by his colleague Delegate for the Budget, Ludovic Ngatsé, and the Representative-Resident of the United Nations Development Programme (UNDP) in Congo Maleye Diop, exchanged, Tuesday, October 8, 2020 in Brazzaville, on the return of the Republic of Congo to the International Aid Transparency Initiative (IATI), for which the UNDP provides the Secretariat.

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Congo/France Cooperation

On Wednesday 8 July 2020, in the conference room of the Ministry of Finance and Budget in Brazzaville, the Ambassador of France to Congo, François Barateau; the Director of the French Development Agency (AFD), Lionel Cafferini, and the Congolese Government represented by the Minister of Finance and Budget, Calixte Nganongo, signed two grant agreements for a total amount of 7.35 million euros (i.e. 4.8 billion CFA francs).

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Closing of the first day of the CEMAC financial market in Brazzaville-Kintélé

Opened by Madame Congolese Minister of Planning, Statistics and Regional Integration, Ingrid Olga Ghislaine Ebouka-Babackas, on behalf of her colleague Calixte Nganongo in charge of Finance and Budget of which is acting, and closed by Ambassadeur Nagoum Yamassoum, President of the Supervisory Commission of Central African Financial Market (COSUMAF), the first day of the financial market of Economic and Monetary Community of Central Africa (CEMAC), held in Brazzaville-Kintélé on Tuesday, March 3, 2020, under the main theme “Stakes and challenges of the unified regional financial market in Central Africa” enabled the participants to adopt 13 recommendations to revitalise the Central African Transferable Securities Stock Exchanges (BVMAC).

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First Day of the CEMAC Financial Market in Brazzaville

Received in audience, on Monday 2 March 2020 in Brazzaville (Congo), by Madame Ingrid Olga Ghislaine Ebouka-Babackas, Minister of Planning,  Statistics and Regional Integration acting as Minister of Finance and Budget, Ambassador Nagoum Yamassoum, President of the Central African Financial Supervisory Commission (COSUMAF), set the objectives of the first day of the financial market that his institution and the host country co-organised, Tuesday, March 3, 2020 in Kintélé (northern suburb of the Congolese capital).

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