The Congolese Minister of Finance and Budget, Calixte Nganongo, in his capacity as President-in-office of the African Guarantee and Economic Cooperation Fund (FAGACE), was received in audience by the Head of State of the Central African Republic, Faustin-Archange Touadéra, on 9 June 2019 in Bangui (Central African Republic).
Placed under the authority of the Ministry of Finance and Budget, Calixte Nganongo, the National Committee on Public Debt launched on Tuesday 28 May 2019 in Brazzaville. The work of its first session was presided over by the Minister of Planning, Statistics and Sub-regional Integration, vice-president of the Committee, Ingrid Olga Ghislaine Ebouka.
On April 2019, the Republic of Congo and the Import-Export Bank of China signed in Beijing (China), a Complementary Agreement Congo's Debt to China Restructuring. This Agreement is part of discussions between Congo and the International Monetary Fund (IMF) with a view to concluding a Programme supported by an Extended Credit Facility. This Programme is structured around several axes, including Public Debt Restructuring, to make it sustainable.
The Director General of Customs and Indirect Taxes (DGDDI), Guénolé Mbongo Koumou, and the Acting Director General of the Congolese Shippers' Council (CCC), Séraphin Mouendzi, signed Tuesday, May 21, 2019, in Brazzaville, a Memorandum of Understanding on the Control and Tracking of international traffic in goods, just after the document has been reviewed and adopted by the experts from both Directorates.
Unanimously passed, Friday 17 May 2019 by the National Assembly, and Monday 20 Mai 2019 by the Senate, the two Houses of the Congolese Parliament have ratified, after review, the Draft Law of the Complementary Agreement on the Restructuring of the Congo's Debt to China, signed on 29 April 2019 in Beijing, between the Republic of Congo and the Import-Export Bank of China. The discussions were conducted by the Speakers of both Houses, namely: Isidore Mvoumba and Pierre Ngolo.
Granted by the European Union (EU) through AFD, the total amount of 29,3 million euros (or 19 billion FCFA), is part of the programme to extend and modernise the infrastructure of the Pointe-Noire Port Authority (PAPN) and support for fischeries resources management for a period of 4 years. They complement AFD's financing of the PAPN to the tune of 70 million euros.
At the end of a working week with Congo, from Thursday 2 to Wednesday 8 May 2019 in Brazzaville, the Head of delegation of the International Monetary Fund (IMF), Alex Segura-Ubiergo, provided an update of his Mission to the Minister of Finance and Budget, Calixte Nganongo. “Congo is on track to restore the sustainability of its public debt”, he said.
Forty-four Congolese customs officers took part in the first selection test for the inspector training. The tests were launched, on Friday, May, 3 2019, at the World Customs Organisation (WCO) Regional Training Centre in Brazzaville, Congo, by Guénolé Mbongo Koumou, Director General of Customs and Indirect Taxes.
Henri Loundou, the cabinet director, representing Calixte Nganongo, Minister of Finance and Budget, officially launched the pilot phase on the use of the Integrated Public Financial Management System (SIGFIP), in the four pilot Ministries, Monday, April 8, 2019 in Brazzaville.
Guénolé Mbongo Koumou, Directorate General of Customs does not want to miss the boat. In the footsteps of his tutelage Ministry, the Director General of Customs and Indirect Taxation is determined to meet the objectives set by the Government to the Administration for which it is responsible to conduct the destiny. The Congolese Minister of Customs carried out, from Wednesday 27 to Saturday 30 March 2019 a working mission in Pointe-Noire and Kouilou divisions. Considering the fruitful discussion with the divisional authorities, economic operators and executives under supervision, it appeared that the harvest has been very good, both the prospects and commitments made by some, and the others, are decisive and very encouraging.