Congo: President Sassou ends recess and restores order to the public treasury

Congo: President Sassou ends recess and restores order to the public treasury
Congo: President Sassou ends recess and restores order to the public treasury

Before his departure for COP29 in Baku, Azerbaijan, the President of the Republic of Congo, Denis Sassou Nguesso, took firm measures to restore order in public finances, particularly within the Treasury, with a view to strengthening capacity teams and financial controls.

Thus, three senior officials, the three Treasury Authorized Officers – Authorized Officer Number 1, Authorized Officer Number 2 and Authorized Officer Number 3 – were dismissed from their respective positions. Aged 63 to 67, well beyond the retirement age set at 60, these three executives will likely assert their retirement rights.

In accordance with Presidential Decree number 2024-2575 of November 9, 2024, three new deputy directors general were appointed to the new organization to ensure good governance of the Public Treasury.

The appointments concern Mrs. MOUAYA Stéphanie Gertrude, as Deputy Director General of the Public Treasury Receiver General, Mr. IBOBI OLLESONGO Hilarion, as Deputy Director General of the Treasury Paymaster General, and Mr. DONGOU Armel Silvère, as Deputy Director General of the Central Treasurer . These executives succeed the former Powers of Attorney and are promoted to the rank of Deputy Directors General.

These three new managers, with more technical than administrative profiles, are responsible for managing all public treasuries. Their appointment aims to accelerate the strengthening of the capacities of the Treasury and financial authorities, as part of the program with the International Monetary Fund (IMF).

The presidency, committed to cleaning up public finances, demands rigor and transparency in the management of state finances. “Recreation is over, and this decree marks the beginning of a vast renewal in Congo to meet the expectations of international institutions and improve the well-being of the Congolese populations,” explains an executive from the Ministry of Finance.

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