A financing agreement of 50 million US dollars was signed on Monday, December 19, 2022 between the representative of Banque mondiale in the Republic of Congo, Korotoumou Ouattara and the Congolese Minister for Planning, Statistics and Regional Integration, Ingrid Olga Ghislaine Ebouka-Babackas.

The financial support of the Bank institution is intended to support public finance reforms, development policies and registered activities to the Congo's national development plan 2022 - 2026. It would also make it possible to support the national private sector, which has been impacted by the twin economic and health crises, to continue to modernize the procedure for collecting State revenue and to strengthen the management of public expenditure.

part, Ebouka-Babackas said that this support will help correct macroeconomic imbalances, continue the consolidation of public finances and the global restructuring of debt, and strengthen governance.

In addition, the latest budget support from World Bank in Congo according to Korotoumou Ouattara dates back to the year 2005. For her, “that was nearly two decades ago. The success of this program over the next three years and the achievement of results require the constant political commitment of Congolese leaders to maintain the course of reforms.”