News

Press conference of the Prime Minister, Head of Government

Before the national and international press, the Prime Minister, Head of Government, Clément Mouamba, held, Thursday 18 July 2019 in Brazzaville, a press conference in the auditorium of the Ministry of Foreign Affairs, Cooperation and Congolese Diaspora. The Extended Credit Facility (ECF) Agreement between Congo and the International Monetary Fund (IMF), signed in Washington DC (USA) on 11 July, was the focus of this exchange.

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Communication from the Minister of Finance and Budget at the Council of Ministers Meeting

The Council of Ministers met on Wednesday 3 July 2019 in Brazzaville, under the authority of the President of the Republic, Denis Sassou-N'Guesso. Among the nine (9) items on the agenda were the two-part communication by the Minister of Finance and Budget, Calixte Nganongo. The first part dealt with the implementation of the State budget, 2019 financial year, as of 31 March. The second component concerns the protection of the Medium-Term Budget Framework (CBMT) 2020-2022.

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Visit to the Data-Center of the Ministry of Finance and Budget

Housed in the building of the Ministry of Finance and Budget, the Data-center which has been visited Friday 28 June 2019 in Brazzaville, is a Data Storage Centre intended to host, among other things, data on the electronic processing of files and the payment of bursaries and educational aids for students applying. This visit comes 11 days after the official launch of the E-SCHOLARSHIPS electronic platform. 

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53th FAGACE Board of Directors Ordinary Session in Cotonou

The 53thordinary session of the Board of Directors of the African Guarantee and Economic Cooperation Fund (FAGACE), which took place on Thursday 20 June 2019, was predsided over by the outgoing president Hilaire Mavoungou, budget adviser at the Congolese Ministry of Finance. This session was held as a prelude to the 11thordinary session of the Board of Governors of the Fund, which took place on Friday 21 June 2019. The recommendations of this Board include the approval of the financial statements of the 2018 financial year showing a net profit of 111 million 233 thousand 239 FCFA. 

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The African Guarantee and Economic Cooperation Fund (FAGACE) is seeking the support of the Central African President in the reform process

The Congolese Minister of Finance and Budget, Calixte Nganongo, in his capacity as President-in-office of the African Guarantee and Economic Cooperation Fund (FAGACE), was received in audience by the Head of State of the Central African Republic, Faustin-Archange Touadéra, on 9 June 2019 in Bangui (Central African Republic).

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Official Relaunch of the National Committee on Public Debt (CNDP)

Placed under the authority of the Ministry of Finance and Budget, Calixte Nganongo, the National Committee on Public Debt launched on Tuesday 28 May 2019 in Brazzaville. The work of its first session was presided over by the Minister of Planning, Statistics and Sub-regional Integration, vice-president of the Committee, Ingrid Olga Ghislaine Ebouka.

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Summary of the complementary agreement on the Congo's debt to China restructuring

On April 2019, the Republic of Congo and the Import-Export Bank of China signed in Beijing (China), a Complementary Agreement Congo's Debt to China Restructuring. This Agreement is part of discussions between Congo and the International Monetary Fund (IMF) with a view to concluding a Programme supported by an Extended Credit Facility. This Programme is structured around several axes, including Public Debt Restructuring, to make it sustainable. 

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Signing of a Memorandum of Understanding on the Control and Tracking of International Traffic in Goods

The Director General of Customs and Indirect Taxes (DGDDI), Guénolé Mbongo Koumou, and the Acting Director General of the Congolese Shippers' Council (CCC), Séraphin Mouendzi, signed Tuesday, May 21, 2019, in Brazzaville, a Memorandum of Understanding on the Control and Tracking of international traffic in goods, just after the document has been reviewed and adopted by the experts from both Directorates. 

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