From Wednesday 21 September to Tuesday 4 October 2022, a technical mission of IMF experts, led by Pritha Mitra, represented in Congo by the Chief Economist, José Sulemane, is in Brazzaville. The purpose of the mission is to prepare the second review of the three-year agreement under the Extended Credit Facility (ECF), concluded in January 2022, between Congo and the Bretton Woods Institution.
The delegation was received on the first day by Rigobert Roger Andely, Congolese Minister of Finance, Budget and Public Portfolio, and his colleague Ingrid Olga Ghislaine Ebouka-Babackas, in charge of the Economy, Planning, Statistics and Regional Integration.
The occasion was ideal for making contact and defining the subjects on which the technical discussions will focus, both face-to-face and by videoconference between the IMF experts and those of the Congolese side. These include, among others, the main lines of the draft state budget for the year 2023; and the state of implementation of structural reforms, particularly governance.
As a reminder, the first review took place in June 2022 and resulted in the second disbursement of funds to the Republic of Congo under the ECF.
The second review will take place in December 2022.
The Communication Unit of the Ministry of Finance