The minister of Finance and Budget, Calixte Nganongo and the French ambassador to Congo, Bertrand Cochery, signed, on November 27 in Brazzaville, the financing agreements as part of the debt relief and development contract (C2D). Estimated at nearly 43 billion FCFA, the projects are mainly intended for underpriviledged social stratums, health and education.
The Ministry of Finance and Budget, Calixte Nganongo, called on, Tuesday 20 November 2018 in Brazzaville, the directors general and the heads of service of financial authorities to take the train of the reform. This reform is defined in the General Report of the workshops held from March 1 to April 11, which resulted in the preparation of the Comprehensive Public Financial Management Strategy Paper (2018-2022).
Saturnin Ipodo-Nzingou, Director of accounting centralization and deputy project manager of SIGFIP user-group, representing Henry Loundou, director of cabinet of the Ministry of Finance and Budget, opened the workshops of the seminar on the presentation of the new legal framework and the public finance management integrated system, Monday 12 November 2018, in Kintélé, a northern suburb of Brazzaville.
From Thursday 08 to Friday 09 November 2018 in Brazzaville, thirty or so agents from administrations and financial authorities’ institutions are attending a workshop seminar on mechanisms for the seucrization of Congo's domestic pubic debt. The worksops have been initiated by Henri Loundou, director of cabinet of the Minister of Finance and Budget, Calixte Nganongo, monetary Authority.
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.
On Monday 29 October 2018 in Brazzaville, after the audience granted to him by Calixte Nganongo, Minister of Finance and Budget, The Chinese ambassador to Congo, Ma Fulin said that "China has suggested that the negotiations on the debt of Congo to his country start on November 05, 2018".
The Minister of Finance and Budget, Calixte Nganongo, presented on Saturday 27 and Monday 29 October 2018, at the National Assembly and the Senate, the financial bill 2019. It is set at 2,323 billion 448 million F CFA in revenue, and 1,753 billion 608 millions de F CFA in expenditures. And results in a budget surplus of 569 billion 840 millions F CFA.
The Directorate General of National Financial Insttitutions (DGIFN), under the tutellage of the Ministry of Finance and Budget, organizes together with the National Council of Credit (CNC), the census of micro-finance institutions. This operation was launched on Friday 26 October 2018 in Brazzaville, by Constant Badia, DGIFN.
In Brazzaville, from Monday 22 to Friday, October 26, 2018, a regional seminar on public sector debt statistics will be held. The workshops have been opened by Henry Loundou, Director of cabinet of the Minister of Finance and Budget, Calixte Nganongo.