11th Conference of the Permanent Framework for Consultation of Public Treasuries of the Economic and Monetary Community of Central Africa (CPC-TP-CEMAC) in Brazzaville
PARTICIPANTS RECOMMEND THE CREATION OF A ‘’TRAINING CENTER’’ AND THE DEVELOPMENT OF A ‘’CHART OF GOOD CONDUCT’’
05 Sep, 2024
Among the recommendations made by participants at the 11th Conference of the Permanent Framework for Consultation of Public Treasuries of the Economic and Monetary Community of Central Africa (CPC-TP-CEMAC) are the creation of a ‘’Training Center’’ and the development of a ‘’Charter of Good Conduct’’.
The work of this Conference was held for four days, from Monday 2 to Thursday 5 September 2024, in Brazzaville (capital of the Republic of Congo), under the supervision of Mr. Raymond YOKA IKAMA, representing Mr. Gatien ONDAYE OBILI, President of the CPC-TP-CEMAC, of Congolese nationality.
The Brazzaville meeting was placed under the theme: "Development of organizational and human capacities and ethical issues on the Treasury Securities Market (MVT) of CEMAC".
The opportunity was perfect for the representative of the President of the CPC-TP-CEMAC to rejoice in the performances achieved by the MVT. "Our Market started in 2011, with 11 billion CFA francs of solicitations. Today, thirteen years later, and more precisely at the end of July 2024, it has achieved 6.931 billion 400 million CFA francs", he indicated. And this performance was confirmed by the National Director of the Bank of Central African States (BEAC) for Congo, Mr. Serge Dino Daniel NGASSAKYS, at the opening ceremony of the Brazzaville conference.
The Brazzaville Conference was marked in particular by discussions around two panels and a focus. The first panel had as its sub-theme: "Organizational and human capacities of the actors of the CEMAC Treasury Securities Market: current status and prospects".
The second panel focused on "Issues of ethics and conflict of interest on the CEMAC Treasury Securities Market: current status and possible solutions".
As for the focus, it was placed under the reflection entitled: "Activation of domestic savings for the deepening of capital markets: current status, possible solutions and prospects for CEMAC".
As a reminder, the CPC-TP-CEMAC was established to allow stakeholders to exchange regularly around a specific theme.
The next CPC-TP-CEMAC Conference (the 12th) is scheduled for December 2024, during which the "Charter of Good Conduct" will be submitted for validation, three months after the establishment of the Working Groups (WG) by the 11th Brazzaville Conference.
The Communication Unit of the Ministry of Economy and Finance
