“The role and responsibility of the actors of the financial system and prosecution authorities in the prevention and the fight against money laundering and terrorist financing: the case of personnel of bank, ANIF, magistrates and judicial police officers”. This is the theme under which was placed the seminar of awereness and training on these two scourges, whose work was opened, Monday 25 November 2019 in Brazzaville (Republic of Congo), by Henri Loundou, director of cabinet, representing Calixte Nganongo, Minister of Finance and Budget.
At the conclusion of their work held from Tuesday 19 to Thursday 21 November 2019 in Brazzaville (Republic of Congo), the participants in the 23rd Meeting of the Committee of Experts of the Customs Directors General Conference, from 12 of the 23 countries in the WCO-West and Central Africa, adopted 21 recommendations and 6 due diligences. These include the development by the Customs of each country of a National Strategy for the implementation of the African Continental Free Trade Area (ACFTA).
The Technical Supervisor of the Computerized Legality Verification System (SIVL), Belfort Wamba Moundo, officially presented, Tuesday 19 November 2019 in Brazzaville, this new application to the heads of the three Ministries involved in its technical take-over and deployment. These are Ministries of Forestry Economy, represented by Madame Rosalie Matondo; Finance and Budget, represented by director of cabinet, Henri Loundou; and Planning, Statistics and Regional Integration, represented by director of cabinet, Ferdinand Sosthène Likouka.
Henri Loundou, Director of cabinet, representing the Minister of Finance and Budget, Calixte Nganongo, opened, Tuesday 19 November 2019 in Brazzaville, Republic of Congo, the 23rd Experts Committee Meeting of Customs Directors General Conference of the World Customs Organization (WCO)- West and Central Africa (WCA). The implementation of the African Continental Free Trade Area is on the agenda.
Hilaire Mavoungou, adviser for budget issues, acting director of cabinet of the Minister of Finance and Budget, Calixte Nganongo, opened, Monday 18 November 2019 in Kintélé (northern suburb of Brazzaville) the workshop devoted to raising awareness and deploying the functionalities of the Integrated Public Financial Management System (SIGFIP) in all the Ministries and institutions of the Republic of Congo before its commissioning in January 2020.
It is the Minister of Planning, Statistics and Regional Integration of the Republic of Congo, Ingrid Olga Ghislaine Ebouka-Babackas, representing her colleague of Finance and Budget, Calixte Nganongo, on the one hand, and the French Ambassador to Congo, François Barateau, accompanied by the Director of the French Development Agency (AFD), Lionel Cafferini, on the other hand, who signed this Framework Agreement, Monday 18 November 2019 in Brazzaville. This document will make available to Congo a fiscal support of 135 million Euros (or 88.5 billion F) over the period 2019-2021.
The Committe in charge of the restructuring and clearance of the domestic debt, led by Bernard Ngazo, Adviser to the National Financial Institutions and Currency at the Ministry of Finance and Budget, held a press breifing, Thursday 14 November 2019 in Brazzaville. The participants discussed on securitization as a clearance mechanism of this debt proposed by the State.
Calixte Nganongo, Congolese Mnister of Finance and Budget, opened Friday, November 8, 2019 in Brazzaville, the work of the meeting on exchange and share of experience between the African Guarantee and Economic Cooperation Fund (FAGACE) and the Banks of Congo, in the presence of his colleague Adeleaïde Mougany, Minister of Small and Medium-Sized Enterprises, Handicraft and Informal Sector. The dscussions focused on the theme: “Financing the Economy of Congo: What role for FAGACE?”
“Congo has made significant progress, but there is still a lot of additional progress that to be made”, Alex Segura-Ubiergo, Head of the IMF mission, said on the occasion of the return of findings of the first review of the Agreement signed with Congo, under the Extended Credit Faciclity (ECF) and consultations under Article 4. This mission stayed in Brazzaville from Thursday 24 October to Wednesday 6 November 2019.
The Directorate General of National financial institutions (DGIFN) of the Ministry of Finance and Budget held, Wednesday, October 30, 2019, in Brazzaville, the Annual consultation meeting with the leaders of the microfinance sector in the Republic of Congo.