constituteproject.org PDF generated: 18 Apr 2016, 15:22 The Central Bank of Congo is the issuing institution of the Democratic Republic of the Congo. In this capacity, its mission includes:   1. the guarding of the public funds;   2. monetary safeguarding and [monetary] stability;   3. the definition and the implementation of monetary policy;   4. the control of all banking activities;   5. the economic and financial council of the Government. For the realization of these missions and attributions, the Central Bank of the Congo is independent and enjoys autonomy of management. • Central bank Article 177 The organization and functioning of the Central Bank of the Congo are established by an organic law. Paragraph 3: Of the Court of Accounts Article 178 A Court of Accounts is instituted in the Democratic Republic of the Congo. The Court of Accounts relates to the National Assembly. The members of the Court of Accounts are appointed, relieved of their functions and, the case requiring, revoked by the President of the Republic, after the opinion of the National Assembly. The members of the Court of Accounts must demonstrate a high qualification in financial, juridical or administrative matters and a professional experience of at least ten years. Article 179 The composition, the organization and the functioning of the Court of Accounts are established by an organic law. Article 180 The Court of Accounts controls, under the conditions established by the law, the management of the finances of the State, of the public assets as well as the accounts of the Provinces, of the decentralized territorial entities as well as the public organs. It publishes each year, a report remitted to the President of the Republic, to the Parliament and to the Government. The report is published in the Journal Officiel. Congo (Democratic Republic of the) 2005 (rev. 2011) Page 48

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