2016-03-21
Added · Updated
This law establishes the Central Bank of Congo (BCC) as an independent public institution with the primary objective of ensuring price stability. It defines the BCC's governance structure, comprising the Bank Council, the Governor, and the College of Statutory Auditors, and outlines their respective powers and appointment procedures. The legislation prohibits the BCC from granting advances to the Treasury, mandates the publication of annual certified accounts, and grants the BCC exclusive authority to issue legal tender and manage official reserves.
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