Finances

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The Minister Delegate for the Budget in front of the press

Estimated at CFAF 182 billion with the contribution of the London Club which joined the initiative, this debt will now be reinvested in the Congolese economy, social and hospital modernization. Similarly, it will be used mainly to deal with the current pandemic and those that may arise. This good news was given on 10 June 2020 by the Minister Delegate for the Budget, Ludovic Ngatsé, who was received on the 8 p.m. news. It is within the framework of the initiative for the suspension of debt service, taken by the betting club in favour of certain African countries including Congo, that this salutary decision was taken. Here is the interview granted by the Minister Delegate for the Budget Ludovic Ngatsé to journalists from the national and international press.

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CONGO-IMF Technical Meetings

The first preparatory visit to the International Monetary Fund (IMF) semi-annual Review in Congo has just been held in Brazzaville from September 10 to 16, 2019. “After 3 years of recession, the first signs of improvement in the Congolese economy are evident”, Alex Segura-Ubiergo, head of the IMF delegation, says. 

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GABAC supports Congo with a public outreach seminar against money laundering

Henri Loundou, director of cabinet, representing Calixte Nganongo, Minister of Finance and Budget, opened, Wednesday 31 July 2019 in Brazzaville, a seminar on the popularisation of Regulation N0.1 CEMAC (Central Africa Economic and Monetary Community) of 11 April 2016, on the prevention and suppression of money laundering, terrorist financing and the proliferation of weapons in the sub-region.

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Press conference of the Prime Minister, Head of Government

Before the national and international press, the Prime Minister, Head of Government, Clément Mouamba, held, Thursday 18 July 2019 in Brazzaville, a press conference in the auditorium of the Ministry of Foreign Affairs, Cooperation and Congolese Diaspora. The Extended Credit Facility (ECF) Agreement between Congo and the International Monetary Fund (IMF), signed in Washington DC (USA) on 11 July, was the focus of this exchange.

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Securing the revenues of the State - An agency of Congo Postal Bank settles at the hospital and university centre of Brazzaville (CHU-B)

The official launch ceremony of the agency of Congo Postal Bank (BPC) to ensure the safety and transparency of CHU-B revenues, was presided over, on Wednesday, January 11, 2019 in Brazzaville, by Florent Balandamio, cabinet director of madame the minister of Health and Population.

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Congo-IMF talks continue

Led by Alex Segura-Ubiergo, an IMF mission arrived in Brazzaville since Sunday 5 November 2018. Supported by a representative of the World Bank, it is part of the continuation of negotiations started in 2017 between the Bretton Woods institution and the Republic of Congo, whose file is awaited at the next IMF executive Board in Washington, which will decide on the conclusion of a financing three-year programme agreement aimed at boosting Congo's macroeconomic equilibrium.  

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Good governance - The works of the external audit of the Agricultural Support Fund is launched

On Wednesday, September 19, 2018, the conference room of the Commercial Agriculture Development Project (PDAC) in Mpila (Brazzaville), Republic of Congo, served as a venue for the launch of the work of the external audit of the Agricultural Support Fund (ASF).

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