According to the press release, on the economic and financial situation of the member states of the Central African Economic and Monetary Community (CEMAC) in 2023 and the short-term outlook, the situation of foreign exchange reserves and the update on repatriation currencies, it appears that “in a context of slowdown in global economic activity and persistence of inflationary pressures, the Board of Directors has taken note of the risks weighing on the economic prospects of CEMAC. He urged member states and the BEAC to continue reforms aimed at strengthening the potential growth of the Zone and bringing inflation below the community standard of 3%.
The Minister of Economy and Finance, Jean-Baptiste Ondaye, inaugurated the BSCA-Bank branch in Poto Poto (3rd district of Brazzaville) on Friday September 22, 2023. In the presence of the Chairman of the Board of Directors of the Agricultural Bank of China, Gu Shu, and the General Director of BSCA-Bank (Banque Sino Congolaise pour l'Afrique), Wang Shenghong. This ceremony was marked by the unveiling of the inaugural plaque and the cutting of the symbolic ribbon. The construction of this building cost 987 million FCFA, for all the work, and provides support to the City Center agency.
The Congolese Minister of Economy and Finance, Jean-Baptiste Ondaye, President of the Executive Committee of the National Committee of the Initiative for Transparency in the Extractive Industries of the Republic of Congo (CN-ITIE-Congo), opened the work of the ordinary session of this structure, held Friday September 22, 2023 in Brazzaville. In the presence of his colleague in charge of Hydrocarbons, Bruno Jean Richard Itoua, and the Permanent Secretary of the said Committee, Florent Michel Okoko.
The Congolese government, through its Minister of Economy and Finance, Jean-Baptiste Ondaye, received, Friday September 22, 2023, a strong Chinese delegation, led by Gu Shu, President of the Agricultural Bank of China. The interview focused mainly on the development of the activities of the Sino-Congolese Bank for Africa (BSCA-Bank).
Friday August 18, 2023, in the large room of the Ministry of Economy and Finance, in Brazzaville, the Congolese government signed an Agreement for the mining of potash ore from the Kanga deposit, with the companies KANGA POTASH and its subsidiary Congolese law SEPK S.A.
Friday August 11, 2023, at the Kintélé International Conference Center (north of Brazzaville), the Prime Minister, Head of Government, Anatole Collinet Makosso, closed the work of the Validation Workshop of Strategy and budgetary programming documents, on behalf of the Ministry of Economy and Finance.
Jean-Baptiste Ondaye, Congolese Minister of Economy and Finance, opened, Wednesday August 9, 2023 in Kintélé (locality in the District of Ignié, 15 km north of Brazzaville), the work of the Validation Workshop strategy and budgetary programming documents of the said Ministry. In the presence of several of his fellow members of the Government. Among the expected results is the formulation of new paradigms generated by Results-Based Management (RBM) in “Budget-Program” mode.
Tuesday August 8, 2023, in the meeting room of his cabinet, in Brazzaville, the Minister of Economy and Finance, Jean-Baptiste Ondaye, on behalf of the Government, signed with the leaders of commercial banks established in the Republic of Congo, the Memorandum of Understanding relating to the establishment of a new coordination framework for the financing of public investment projects, included in the National Development Plan (PND) 2022-2026, the monitoring and control of the implementation of said projects.
The General Directorate of National Financial Institutions (DGIFN) of the Ministry of Economy and Finance, represented by its Director General, Jean-Pierre Nonault, and the Trade Union Section of the Confédération Syndicale des Travailleurs du Congo (CSTC), represented by its Secretary General, Christian Ludovic Makaya Dangui, presented to the base, Thursday August 3, 2023 in Brazzaville, the statement of conclusions sanctioning the resumption of negotiations between the two parties. In the presence of Elaut Bello Bellard, President of the CSTC and the National Federation of Financial Administration Workers (FENATREF). The conclusions show the effective resumption of work from Friday August 4, 2023, at 7 a.m.
Monday July 31, 2023 in Brazzaville, Jean-Baptiste Ondaye, Minister of Economy and Finance, opened the work of the validation meeting of documents relating to the Financing Mechanism for Emergency Projects of the National Development Plan (PND) 2022-2026. In the presence of the General Directors of commercial banks and other credit establishments established in Congo.
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