Congo-Brazzaville reports economic growth Amid fiscal reforms

Under the leadership of  Denis Sassou N’Guesso, the Republic of Congo is advancing comprehensive economic reforms to improve public resource management and sustain national growth. A recent high-level meeting in Brazzaville between the State Audit Office and the Finance Commission of the Senate evaluated the 2024 Finance Law outcomes and overall economic performance.

Emmanuel Kamba, Counsellor and Reporting Judge at the State Audit Office, confirmed a significant GDP increase from 8,000 to 9,000 billion CFA francs between 2023 and 2024.

He credited this 12.5% growth to government efforts toward “more rigorous and rational management of public finances” under the President’s recovery and stabilization policies.

However, the audit revealed ongoing challenges in customs and tax administration, where revenues declined despite Congo’s role as a major regional importer. Kamba emphasized the urgent need to optimize revenue collection and modernize fiscal controls.

Senate Finance Commission President Jean-Marie Epouma endorsed the audit’s rigor, confirming its findings will guide parliamentary debates on the 2026 budget.

These developments reflect  the broader vision of President Sassou N’Guesso of securing public finances, diversifying the economy, and restoring trust in state financial management through institutions like the State Audit Office.

Jean-Robert TCHANDY

Posts Grid

Football/ Samuel Eto’o suspended and fined by CAF for misconduct

The Confederation of African Football (CAF) has banned Cameroon football federation president Samuel Eto'o for four matches and fined him $20,000 after finding him guilty...

Carabao Cup/ Arsenal shake off semi-final Jinx with commanding Chelsea victory

Arsenal overcame a persistent semi-final hurdle by defeating Chelsea 3-2 at Stamford Bridge in the Carabao Cup semi-final first leg. This victory marks a significant...

Morocco edges Nigeria in tense shootout to reach AFCON final

Host nation Morocco booked their place in the Africa Cup of Nations final after a nail-biting 4-2 penalty shootout victory over Nigeria following a goalless...

Football/ Burkina Faso dismisses National Coach After AFCON exit

The Burkina Faso Football Federation (FBF) has terminated its contract with head coach Brama Traoré and his entire technical staff following the national team's premature...

Arbeloa takes Madrid helm amid midfield concerns

Real Madrid have swiftly appointed club legend Álvaro Arbeloa as head coach following the departure of Xabi Alonso after just 34 games. The change comes...

Football/ Algeria files official complaint with FIFA following controversial AFCON exit

The 2025 Africa Cup of Nations campaign of Algeria, which began with a perfect group stage, ended in acrimony after a quarter-final defeat to Nigeria....

Leave a Reply

Your email address will not be published. Required fields are marked *