General directorate of national financial institutions (DGIFN) - The implementing decrees on the creation of a guarantee fund in Congo to be adopted soon

07 Apr, 2017

The proceedings of the Committee on the updating of implementing decrees ended on April 7, 2017 in the conference room of the ministry of finance, budget and public portfolio in Brazzaville. The meeting was chaired by Mr. Armel Fridelin Mbouloukoue, Adviser in charge of national financial institutionsministry, currency and debt in the ministry of finance. Mr. Constant BADIA, Chief executive officer in charge of national financial institutions (DGIFN) also attended the meeting.

 

The proceedings of the Committe on the updating of implementing decrees of Law n°36-2014 du 24 juin 2014 creating a public facility for admnistrative purposes called guarantee fund for automo-biles (FGA) opened on January, 2017.

 

« The FGA aims at paying the allowances owed to the victims of corporal injuries caused by a motor vehicle, or to their claimants if the driver is known or if known but has no car insurance or is insolvent», Mr. Armel Fridelin Mbouloukoué, adviser, said.

 

During the proceedings of the preparatory technical body, draft statutes with 51 articles, seven titles and three draft orders were proposed in order to have a sound body. All the drafts examined by the technical, legal and administrative Committee composed of executives from the ministry, from the General directorate of national financial institutions(DGIFN) and of the members the Bureau de l’association professionnelle des sociétés d’assurance du Congo(APSACO)- Insurance professionals, will allow to have a strong body with relevant officers.

 

Robert KOUANDA

Category:NEWS
Sub Category:NATIONAL FINANCIAL INSTITUTIONS