The work of the 12th session of the Permanent Framework for Consultation of Public Treasuries of the Economic and Monetary Community of Central Africa (CPC-TP-CEMAC), which is held under the theme: ‘’Strengthening transparency and financial governance on the CEMAC Treasury Securities Market, for the expansion of the investor base: state of play, constraints and perspectives’’, were opened on Tuesday, December 3, 2024, at the Twin Towers of Brazzaville, by its outgoing President, the Congolese Gatien ONDAYE OBILI, advisor on monitoring and management of the treasury of the Minister of Economy and Finance. He was accompanied by the Director General of Public Accounting and the Treasury of Gabon, Mr. Luther Steeven ABOUNA YANGUI, incoming President, who will succeed him as the annual rotating president of the CPC-TP-CEMAC in 2025.
"The growth of the Congolese economy would be 3.1% in 2024 compared to 1.5% in 2023", is one of the conclusions made public by the National Economic and Financial Committee (CNEF) of Congo, at the end of its 3rd ordinary meeting of the current year, in person and by videoconference.
Under the supervision of Mr. Athanase NGASSAKI, Director of the Office of the Minister of Economy and Finance, the installation ceremony of three newly promoted executives at the General Directorate of the Treasury was held on Wednesday, November 13, 2024, at 10 a.m., in the premises of the General Directorate of the Treasury, in Brazzaville, in the presence of Mr. Albert NGONDO, Director General of this important technical body of the Ministry of Economy and Finance.
The Congolese Minister of Economy and Finance, Mr. Jean-Baptiste ONDAYE, President of the National Committee of the Initiative for Transparency in Extractive Industries (EITI)-Congo, opened, Tuesday, October 8, 2024 in Brazzaville, the first session of the Executive Committee of this institution.
Sous le patronage du ministre de l’économie et des finances, Monsieur Jean–Baptiste ONDAYE, Brazzaville, capitale de la République du Congo, abrite, pendant deux jours, du jeudi 3 au vendredi 4 octobre 2024, un colloque placé sous le thème : « Problématique globale du financement de la filière agricole et difficultés de recouvrement des créances ». La cérémonie d’ouverture a eu lieu en présence, entre autres personnalités, de Paul Valentin Ngobo, ministre de l’agriculture, de l’élevage et de la pêche ; et Serge Dino Daniel Ngassackys, Directeur national de la Banque des Etats de l’Afrique centrale (BEAC) et Secrétaire général du Comité national économique et financier (CNEF) pour le Congo.
Among the recommendations made by participants at the 11th Conference of the Permanent Framework for Consultation of Public Treasuries of the Economic and Monetary Community of Central Africa (CPC-TP-CEMAC) are the creation of a ‘’Training Center’’ and the development of a ‘’Charter of Good Conduct’’.
On Monday, August 12, 2024, in Brazzaville, the Congolese government, represented by the Minister of State, Minister of Mining Industries and Geology, Mr. Pierre OBA, and his colleagues in charge of the economy and finance, Mr. Jean-Baptiste ONDAYE, and of transport, civil aviation and the merchant navy, Mr. Honoré SAYI, and the Turkish company Ulsan Mining Congo, represented by its general administrator, Mr. Fatish GULSAN, signed a mining agreement in the district of Mayoko, in the department of Niari.
On Thursday, July 25, 2024 in Brazzaville, the Minister of Economy and Finance, Mr. Jean-Baptiste ONDAYE, chaired the official launch ceremony of the activities of the African Solidarity Fund (FSA) in the Republic of Congo, by its Director General, Mr. Abdourahmane DIALLO. This took place in the presence of several members of the Government, heads of financial institutions (Banks, Insurance companies and socio-professional and employer organizations). On this occasion, Minister Jean-Baptiste ONDAYE made a plea in favor of financing the Congolese economy. And, during the meeting, 7 framework agreements for economic cooperation were signed.
“The macroeconomic situation, at the national level, consolidated in the first quarter of 2024. It was driven by the revival of investments in the oil sector. This development resulted in a surplus in the overall budget balance based on commitments, excluding grants, and an increase in the money supply. As a result, economic activity is expected to consolidate in 2024, with a real gross domestic product (GDP) growth rate of +3.7%, compared to +1.5% in 2023.” This is one of the conclusions of the 2nd ordinary meeting of the National Economic and Financial Committee (CNEF) of the Republic of Congo, for the year 2024, chaired at the headquarters of the Bank of Central African States (BEAC), in Brazzaville, by the Minister of Economy and Finance, Mr. Jean-Baptiste ONDAYE.
On the occasion of the opening of a presentation and discussion meeting between the African Solidarity Fund (FSA) Delegation, led by its CEO, Mr. Abdourahmane DIALLO, and the CEOs of banks grouped within the Professional Association of Credit Institutions of Congo (APEC-Congo), represented by Mr. Vincent NGIMBOCK, the Chief of Staff of the Congolese Minister of Economy and Finance, Mr. Athanase NGASSAKI, issued a double exhortation to the CEOs of banks established in Congo.
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