Cameroon’s Nationl Institute of Statistics INS has just released the results of the first phase of its investigation, which consisted of assessing the perverse effects of this pandemic in Cameroon. The results of the first phase of the survey by the National Institute of Statistics (INS) have been published recently. It shows that several households and more than 93% of companies are negatively affected by the Coronavirus in Cameroon. Supported by the United Nations Development Program (UNDP), the INS carried out its survey between April 27 and May 10, 2020.
In this survey, “it was a question of appreciating the main channels of transmission of the economic and social impacts of the pandemic on businesses and households; identify the most affected industries; to assess the immediate impact of the crisis on jobs and others.”
Thus, 770 companies from all sectors and all sizes were taken into account. The survey reveals that: “93% of business owners admit that the activities of their production units have been negatively impacted. Among these companies, 14% of the informal sector and 18% of SMEs are in a situation of temporary or permanent cessation … the companies most negatively affected are found in education, forestry, accommodation and catering … “.
This survey on the impact of the disease on households, took a sample of 1000 people. The INS notes that: “… the pandemic has also impacted the lifestyles of the population with a deterioration in the level of people (60%). The North-West, the South-West, Douala and the very poor are the most affected by this deterioration, ”we read.
In the end, the INS recommends “to attenuate the effects on the cash flow of companies this by clearing the stock of VAT credits, to continue the clearance of the domestic debt … invites the government to participate in the revival of the domestic demand, mitigating the effects on production costs and on employee reductions. For households, the most important barrier measures should be continued to prevent the spread of the virus; intensify systematic screening operations and disinfection campaigns in public places… ”
