AGP Executive Report
Last update: 3 hours ago2027 Budget: President Denis Sassou N’Guesso’s cabinet approved a draft budget forecasting 6.9% growth, driven largely by oil output of 112 million barrels. The government expects public debt to fall from 88.6% to 80.9% of GDP; the bill now goes to Parliament. Credit Outlook: Moody’s has shifted its outlook for the Republic of Congo to positive, alongside seven other sub-Saharan African countries, while warning that debt costs and weak revenue remain risks. Public Services: Staff at Marien Ngouabi University say they have gone seven months without pay and have set a deadline, with a strike looming. Financial Oversight: Congo’s money-transfer regulator says operators must register and report transactions monthly under the 2026 finance law, or face fines of up to 20 million CFA francs. Regional Ties: Congo and Mozambique signed 11 cooperation instruments in Brazzaville, covering areas including hydrocarbons, fisheries and regular political consultations, as they seek to revive a partnership that had been largely dormant for decades. History and Memory: Brazzaville marked 20 years of the Pierre-Savorgnan-de-Brazza memorial with debate over the legacy of the 1880 treaty between Brazza and Makoko Iloo I.
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