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

Basketball/ Senegal Lions begin World Cup qualifiers preparation

The Senegal men's national basketball team kicks off its training camp tonight at the newly renovated Stadium Marius Ndiaye in Dakar, marking the start of...

Burkina Faso: Consolidating the progressive people revolution through health, institutions, and local governance

The February 19, 2026, weekly government meeting in Burkina Faso took on the dimension of a strategic orientation session. Under the chairmanship of Head of...

Mali faces coaching uncertainty amid Football Federation crisis

Malian football remains in limbo as the country awaits the date of an extraordinary general assembly to elect a new executive board for the football...

AFCON 2027 to kick off in June/July as CAF dismisses postponement rumors

The Confederation of African Football (CAF) has confirmed that the 2027 Africa Cup of Nations will proceed as scheduled in June and July next year,...

Football/ Senegalese Football Federation in Financial Limbo despite historic success

Fresh from its Africa Cup of Nations victory and 2026 World Cup qualification, the Senegalese Football Federation (FSF) faces a cash-flow crisis, awaiting nearly €18...

Burkina Faso launches search for new national Football coach

Following the dismissal of head coach Brama Traoré last month, the Burkinabe Football Federation (BFF) has officially opened the recruitment process for his successor. Traoré...

Leave a Reply

Your email address will not be published.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