Matata Ponyo Mapon began his studies at Mwanga primary school (formerly Saint-Gaston) in 1970 in Kindu. He obtained his primary school certificate from Tuendelee school in 1976 in Kindu, his hometown. In 1983, he obtained his High school diploma from the Bwindi Institute in Bukavu and began his studies at the University of Lubumbashi, then at the University of Kinshasa where he graduated in economics in 1988.[8][9]
In 2016, he started writing his doctoral thesis entitled “la qualité de l'ajustement budgétaire et croissance économique en RDC” (The quality of budgetary adjustment and economic growth in the DRC). In February 2018, he was proclaimed a doctorate in economics from the Protestant University in Congo where, since January 2019, he has been teaching courses in economic and major monetary issues in developing countries.[9][10][11]
2012 Katanga Express plane crash near the town of Bukavu
1988 - 2000 : Executive at the Central Bank of Congo
Matata Ponyo worked at the Central Bank of Congo (BCC) as an economist, he is responsible for credit policy in the credit department, then money and national accounts in the studies department.[13][14] He is a member of the Monetary Policy Committee and performs several training courses, notably at the Banque de France, the Central Reserve Bank of Peru, the International Monetary Fund, and in several other countries and institutions.[15]
2000 - 2010 : Advisor to the Ministry of Finance and Director General of the BCECO
From 2000 to 2003, he worked as advisor to the Ministry of Finance in charge of macroeconomic issues and relations with international institutions. He worked closely on the creation of the Central Coordination Office (Bureau Central De Coordination - BCECO), of which he was appointed Director General in October 2003.[16][17]
2010 - 2012 : Minister of Finance
In February 2010, he took over the Ministry of Finance. He successfully completed the first review of the economic program, that allows the Democratic Republic of the Congo to reach the completion point in June 2010 inducing the cancellation of around 10 billiondollars of the country's external debt.[18]
In 2010, he launched a program to modernize and rejuvenate the financial administration through a recruitment and placement program for young Congolese academics, recruited on an extremely competitive basis. As Minister of Finance, he is the Chairman of the African Caucus (an organization bringing together all finance ministers from sub-Saharan Africa to the International Monetary Fund and the World Bank) and Chairman of the Board of Governors of the ACA (African Trade Insurance Agency) based in Nairobi, Kenya.
During his tenure as Prime Minister, the country achieves exceptional economic performance, the average annual inflation rate drops to 3% (sometimes the rate is below 1% per year) and the average annual economic growth is 7.7%. Matata Ponyo Mapon consolidates the banking system of public payroll and initiates reforms aimed at diversifying the economy, particularly in the agricultural sector.[21] The Democratic Republic of the Congo is then cited among the most reforming countries and the most dynamic economies in the world.[22] It is gaining a lot of place in the ranking of the human development index published by the UNDP.[21]
He resigned as Prime Minister of the Democratic Republic of the Congo on 14 November 2016, as part of an African Union-backed national dialogue framework agreement which specifies an opposition leader takes the position of Prime Minister.[23]
2018 : Mission of the legislative elections in Togo
Since February 2019, he has been carrying out support missions for the Togolese government in the implementation, monitoring and evaluation of its vision for the development of the country as embodied in the National Development Plan of Togo.[26][27]
2020 : Head of the Presidential Election Observation Mission in Guinea
Matata Ponyo is accused in 2020 by the General Inspectorate of Finance of embezzlement of public funds (up to $205 million) and criminal association during his tenure as Prime Minister. He is accused of having set up several companies controlled by his relatives for the management of the agro-industrial park of Bukanga Lonzo in Bandundu. The public prosecutor at the Constitutional Court requests the lifting of his parliamentary immunity while he has in the meantime become a senator. The Senate rejected this request on March 14, 2021 because, according to the law, it was up to the prosecutor at the Court of Cassation to make the request.[29]
In May 2021, the prosecutor at the Court of Cassation requested the lifting of the parliamentary immunity of Matata Ponyo so that he could be heard in this case.[30] Senators refuse to comment on this request.[31] Matata Ponyo is set to stand trial before the Constitutional Court for embezzlement of public funds in this case on October 25, 2021.[32]
On November 15, 2021, the highest court ruled in his favour, ruling that it cannot try him over the agriculture project's alleged mismanagement. His lawyer said he considered the case close, although the prosecution anticipated an appeal to other courts.[33]
Case of compensation for victims of Zairianization
In 2011, while he was Minister of Finance, Matata Ponyo was responsible for compensating the victims of the Zairianization policy decreed by Mobutu Sese Seko in the 1970s. In July 2021, the prosecutor at the Constitutional Court obtained the lifting of the parliamentary immunity of Matata Ponyo to be able to question him in this case where he is suspected of embezzlement (to the tune of several million dollars). President Félix Tshisekedi is pushing for the Senate to lift Matata Ponyo's immunity.[34][35][36]
He was heard by the prosecution at the Constitutional Court and placed under a provisional arrest warrant on July 13 and then he is placed under house arrest.[37]
Books
1999 : L'espace monétaire kasaïen - Crise de légitimité et de souveraineté monétaire en période d'hyperinflation au Congo, 1993-1997 ; L'Harmattan in Paris (France).[38]
2016 : Pour un Congo émergent, Privé Publishing in Paris (France).
2016 : Qualité des institutions et résultats économiques en République démocratique du Congo : 1980-2015, L'Harmattan, Kinshasa (DRCongo).[39]
2016 : Recueil des discours du ministre des Finances, Michel Lafon Publishing, Paris (France).
2018 : Plaidoyer pour la bonne gouvernance et le développement, Michel Lafon Publishing, Paris (France).[40]
^Ponyo, Mapon Matata (1 September 2016). Qualité des institutions et résultats économiques en République démocratique du Congo: 1980-2015. ASIN2343096627.