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Congo adopts Financial reforms for the next decade

The overall strategy for piloting the 2020-2029 public finance reforms was approved on July 5 in Brazzaville. The Republic of Congo wants to move from a means budget to a program budget.

The validation of the new public finance sector roadmap comes two years after the transposition into the national system of the directives of the harmonized public finance management framework of the Central African Economic and Monetary Community (CEMAC).

The Congo intends to continue efforts to modernize its public management system, in order to make it more adapted to international standards, and thus to consolidate its relations with development partners.

It is in this context that the national workshop to validate the diagnostic report was organized, which brought together executives from the Finance department, thanks to the Integrated Public Sector Reform Project (PRISP) funded by the World Bank.

A partnership supposed to allow the government to consolidate public finances, secure public funds, better control public debt management, promote efficiency and transparency, in line with the National Development Plan 2018-2022 and the requirements of external partners.

According to the Minister Delegate in charge of the Budget, Ludovic Ngatsé, the global strategy for piloting the 2020-2029 public finance reforms reflects the government’s will. “This dynamic of reforms, as you know, reflects the will of the President of the Republic, Head of State, His Excellency Denis Sassou N’Guesso, who never ceases to require us to work tirelessly, to place the management public service in the service of the well-being of the Congolese population.

It is this logic that explains our desire to provide the country with a more encompassing strategic steering framework, going beyond the sectoral framework limited to the Minister of Finance alone, as defined in 2017 “, he said.