"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.
“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 Wednesday, July 10, 2024 in Brazzaville, 11 approval applications, or half of the 22 examined by the participants in the 1st session of the National Investment Commission (CNI) of the Republic of Congo, for the year 2024, received a ‘’favorable opinion without reservation’’. While 9 received a ‘’favorable opinion with reservations’’, and 2 others were ‘’adjourned’’. These are the conclusions of the work of this session held under the auspices of Mr. Athanase NGASSAKI, Director of Cabinet, representing the Minister of Economy and Finance, Mr. Jean-Baptiste ONDAYE, President of the CNI.
From Friday, June 28 to Saturday, June 29, 2024 in Brazzaville (Congo), the participants in the 3rd edition of the Banker's Days of the Economic and Monetary Community of Central Africa (CEMAC), debated around four themes, namely: "the banking system of the sub-region: excess liquidity of banks and treatment of banks in difficulty"; "cybercrime: elements of combating the vulnerability of banks"; "the opportunities of the African Continental Free Trade Area (AfCFTA): state of play and implication of the CEMAC banking system"; and "the Credit Information Bureau (BIC): interest and implementation".
The National Economic and Financial Committee of Congo (CNEF) held its first ordinary meeting of the current year, Friday March 15, 2024, at the national headquarters of the Bank of Central African States (BEAC), in Brazzaville, underthe presidency of Mr. Jean-Baptiste ONDAYE, Congolese Minister of Economy and Finance. This session was attended by Ms. Ingrid Olga Ghislaine EBOUKA-BABACKAS, Minister of Planning, Statistics and Regional Integration, Mr. Ludovic NGATSE, Minister of the Budget, Public Accounts and Public Portfolio and by videoconference, Mr. Yvon SANA BANGUI, Governor of the BEAC, of Central African nationality. The Committee noted an 11.1% increase in outstanding gross credits to the economy, to 1,635.5 billion CFA francs, and a slight increase in overdue debts of 1.4% to 256.1 billion CFA francs.
Saturday December 16, 2023 in Brazzaville, the Minister of Economy and Finance, Mr. Jean-Baptiste Ondaye, received in audience the leaders of the employers' unions. The concern that led to this meeting was Decree No. 2023-1579, of September 19, 2023, setting out the terms of reimbursement of domestic commercial and social arrears.
Wednesday, November 29, 2023 in Brazzaville, Mr. Athanase Ngassaki, Chief of Staff, representing Mr. Jean-Baptiste Ondaye, Minister of Economy and Finance and President of the CNI chaired, in the meeting room of the said ministry, the work of the second session of the National Investment Commission (CNI), in the presence of Mr. Franck Mondesir Mbouayila Tsassa, Director General of the Economy and Permanent Secretary of the CNI.
During October 2023, twelve Congolese executives including ten men and two women were inducted by the Inspector General of Finance (IGF), into the various positions of Advisor to the Minister of Economy and Finance, Mr. Jean-Baptiste Ondaye. The latter who appointed them in September, on the basis of their files compiled following a call for applications.
Audrey Alban Mapithy-Ma-Mapithy, Administrative and Legal Advisor, representing Jean-Baptiste Ondaye, Minister of Economy and Finance opened, Monday October 9, 2023 in Brazzaville, the training seminar for human resources managers (HRM), placed under the theme, “HRM-Design and management of a multi-year training plan”.
