Finances

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Organisation of a seminar on financial mediation

Wednesday 25 November 2020 in the Congolese capital, representatives of banks and microfinance institutions, justice and civil society actors working in the field of consumer rights, coaches and students in economics at the University Marien Ngouabi and the leaders of the Chamber of Commerce of Brazzaville agreed to set up, in the coming days, a financial mediation body to propose an amicable and non-coercive settlement of financial disputes.

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The Minister Delegate for the Budget in front of the press

Estimated at CFAF 182 billion with the contribution of the London Club which joined the initiative, this debt will now be reinvested in the Congolese economy, social and hospital modernization. Similarly, it will be used mainly to deal with the current pandemic and those that may arise. This good news was given on 10 June 2020 by the Minister Delegate for the Budget, Ludovic Ngatsé, who was received on the 8 p.m. news. It is within the framework of the initiative for the suspension of debt service, taken by the betting club in favour of certain African countries including Congo, that this salutary decision was taken. Here is the interview granted by the Minister Delegate for the Budget Ludovic Ngatsé to journalists from the national and international press.

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CONGO-IMF Technical Meetings

The first preparatory visit to the International Monetary Fund (IMF) semi-annual Review in Congo has just been held in Brazzaville from September 10 to 16, 2019. “After 3 years of recession, the first signs of improvement in the Congolese economy are evident”, Alex Segura-Ubiergo, head of the IMF delegation, says. 

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GABAC supports Congo with a public outreach seminar against money laundering

Henri Loundou, director of cabinet, representing Calixte Nganongo, Minister of Finance and Budget, opened, Wednesday 31 July 2019 in Brazzaville, a seminar on the popularisation of Regulation N0.1 CEMAC (Central Africa Economic and Monetary Community) of 11 April 2016, on the prevention and suppression of money laundering, terrorist financing and the proliferation of weapons in the sub-region.

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