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Findings of IMF First Review in Congo

Congo has made significant progress, but there is still a lot of additional progress that to be made”, Alex Segura-Ubiergo, Head of the IMF mission, said on the occasion of the return of findings of the first review of the Agreement signed with Congo, under the Extended Credit Faciclity (ECF) and consultations under Article 4. This mission stayed in Brazzaville from Thursday 24 October to Wednesday 6 November 2019. 

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Presentation of the Draft Finance Bill of the State for the 2020 Financial Year in the National Assembly

The Minister of Finance and Budget, Calixte Nganongo, presented, Wednesday 30 October 2019, to the Members of Parliament, the draft finance bill of the State for the 2020 financial year, which amounted to 2175 billion 384 million in revenue, and to 1679 billion 423 million FCFA in expenditure, generating a positive fiscal balance of 495 billion 961 million FCFA. 

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Start of Oil Companies' Agents Training To New SYSPACE Modules

Scheduled from Tuesday 22 to Thursday 31 October 2019 in the economic capital of the Republic of Congo, this training is based on new functionalities such as Production sharing, insertion of oil costs, Surface fee and Web mail (communication element with focal points within oil companies), Trade Agreeements, Special Agreements, etc. 

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Assessment of the First SYSPACE Modules in the Oil Sector

Monday 21 October 2019 in Pointe-Noire, the director of information systems of the Ministry of Finance and Budget, Guy Noël Londongo, opened the workshop-assessment of the first modules of the State Debt Payment Tracking System (SYSPACE), coupled with the training of oil companies' agents to the new modules of this platform.

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the Ambassador of Turkey received in audience

The economic ties between Congo and Turky are good and full of potential. There is much to doAs political and diplomatic relations are good, my task is to further develop this cooperation in the economic, social and many other fields”. These words were made, Thursday 10 October 2019 in Brazzaville, by the Turkish Ambassador to Congo, Serhan A. Yigit, at the end of the audience granted to him by Calixte Nganongo, Minister of Finance and Budget.

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Launch of the first Online Payment of for Duties and Taxes in Congo

The first online payment platform for duties and taxes in Congo, called E-PAY, was launched by Calixte Nganongo, Congolese Minister of Finance and Budget. The ceremony took place Thursday, October 10, 2019 in Brazzaville. It was punctuated by a video demonstration session of the payment of a Prior Import Declaration Verified (PIDV), from the E-Customs platform.  

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