The Republic of Congo will begin implementing reforms in 2025 aimed at enhancing revenue collection to address a cash shortage that has led to the restructuring of the government's domestic debt, according to Finance Minister Jean-Baptiste Ondaye. The reforms will focus on improving governance in public enterprises, increasing the collection of dividends, enhancing transparency in tax management, and modernizing administrative processes. These initiatives will be supported by the International Monetary Fund and other foreign donors.
In Hungary, the government announced a plan to raise the minimum wage by 40% over the next three years. Prime Minister Viktor Orban expects this move to stimulate the recession-hit economy, although critics warn it may lead to increased inflation. The increase is part of a strategy to boost economic growth ahead of the 2026 general elections, where Orban's Fidesz party is currently trailing in most polls. The current minimum wage stands at 266,800 forint (approximately $677), one of the lowest in the European Union.