Prime Minister Clement Mouamba's government had presented its resignation yesterday, said a statement from the president's office.
The announcement came two weeks after the ruling party's comfortable election win in legislative elections but as the country struggles to overcome an economic crisis.
In a speech Monday on the 57th anniversary of the country's independence, Sassou Nguesso acknowledged the problems facing the country.
"These difficulties started out as financial. Today they have spread into the economic and general areas," he added.
The IMF recently accused Brazzaville of having hidden part of its debt from the organisation by claiming it was 77 per cent of national output.
Part of the oil-rich country's troubles have been caused by the fall in the price of oil on world markets.
The country's opposition blamed the outgoing government for the crisis.
Jean Itadi, one of the leaders of the opposition, was holding a press conference as news broke of the government's resignation.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
