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congo

Congo to adjust 2021-2023 Budgetary Policy

The Congolese government intends to continue implementing the reforms initiated a few years ago, as part of the implementation of the agreement reached with the International Monetary Fund (IMF).
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Hydrocarbons: rebound in oil prices restores Congo’s budget balance

Faced with these fluctuations, the Congolese government decided in April to revise its budget forecasts by half, by putting in place mechanisms to restore budgetary balances. According to the Minister...
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Congolese bank assets up 6.3%

Due to underperformance in exports and imports, inflation is estimated at 2.8% this year, down from 1.8% a year earlier. The money supply in circulation will fall by 14.1% due...
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Two hundred persons benefit from Congo’s support to relaunch their activities

These micro-subsidies aim, in fact, to strengthen the capacities of small players in the informal sector, more particularly those operating in sectors of economic activities declared non-essential having been stopped...
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BDEAC allocates 155 billion FCFA to Chad, Congo, Cameroon and Gabon

On July 10, the sub-regional bank validated a disbursement of 155 billion CFA francs for the benefit of these 4 states. The disbursement validated during the Board of Directors meeting...
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Congo and UNDP to strengthen community involvement in SDGs

According to the two parties, the work plan will facilitate the assessment of the efforts made to achieve the results of the 2018-2022 National Development Plan and the SDGs, as...
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French Development Agency churns out 4.8 billion FCFA to promote Higher Education and Employment in Congo

Two financial agreements worth 7.35 million euros were signed on July 8 in Brazzaville between the Minister of Finance and Budget, Calixte Nganongo, the French ambassador to the Congo, François...
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Congolese Customs secure electronic tool to follow-up goods on transit

Accessible from the portal e. customs (project launched by the Ministry of Finance to modernize customs, in order to secure receipts), EKENGUE allows economic operators to automatically download the data...
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Congo – Cameroon Optic fibre interconnection project at a satisfactory pace

"We did a two-kilometre test phase, which involved opening the trenches. This phase allows the project to have a clear idea of ​​how the HDPE and the fibre of the...
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Debt Moratorium from Paris Club brings hope to Congo

“The postponement or the possibility of not paying this debt to the Paris Club (in the period from May to December 2020) represents approximately 130 billion. The Paris Club asked...
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Congo launches Electronic tax payment system

This major project to modernize the tax system will make it possible to digitize and computerize all of the tax services so that checks and declarations are most easily carried...
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Congolese government to foster digital platform through 1Rivet support

For the minister, who sees digitization as an efficiency opportunity that will bring additional revenue to the government, "we cannot have platforms dotted around each department." Léon Juste Ibombo said...
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CEMAC foreign reserves generated 13 billion FCFA interest in 2019

This represents an increase of 35% compared to those generated at the end of 2018 (9.5 billion FCFA). The reserves of the countries of the Economic and Monetary Community of...
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Congo and the CAR to adopt Malagasy solution to covid- 19

It’s the turn of Central Africa to get Covid-Organics. A delegation from Congo Brazzaville led by Professor Elira Dokekias Alexis, President of the National Commission in charge of the fight...
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