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“Emphasis was placed on the issue of administrative revenue, but also on expenditure in the provinces. Regarding the collection of revenue by the ministries and entities in the provinces, they were asked to double their efforts and mobilize so that we can achieve our objectives ”, the Minister of Finance and Budget, Trahir Hamid Nguilin...
Due to underperformance in exports and imports, inflation is estimated at 2.8% this year, down from 1.8% a year earlier. The money supply in circulation will fall by 14.1% due to the sharp drop in its external counterpart, namely its net foreign assets. The currency coverage rate will decline by around 26%, but will still...
It is a system which allows "not only the taxpayer to fully control his taxpayer expenses without going to the competent administrations for follow-ups, but it also provides you with secure, automatic and authenticated statements of all tax and non-tax transactions. . This represents a considerable time saving while providing you with a module of...
According to forecasts from the African Development Bank, the health crisis linked to Covid-19 should lead to a slowdown in the process of diversification and industrialization, given the decline in public revenues and the containment measures linked to the effects of this pandemic. However, the economists of the Bad assure that "the strategy of diversification...
To give a boost to the integration process, CEMAC also intends to rely on telecommunications. “It would be wise for CEMAC member states not to miss the deadline of January 1, 2021 for the operationalization of the elimination of additional costs on mobile roaming. This is to boost the efforts for an economic recovery in...
In the same document, we learn that the Head of State has just ordered the release of 15 billion FCFA for the benefit of CAMAIR-CO. Money that will be used to send for maintenance one of the Boeing 737-700 NG; the acquisition of two Dash Bombardier Q400 aircraft, better suited to short-haul routes; and the...
The platform will also connect buyers with suppliers of essential goods, thereby promoting and encouraging intra-COMESA regional trade, she said. It will also help small border traders and small and medium-sized enterprises to access market information and to link producers, sellers and buyers, she added.
He adds that the RTC has fueled the Cameroonian economy with imported goods and allowed the export of containerized goods. He indicates that 60 ships have been docked on the RTC docks for 6 months. According to him, the Covid-19 has not had an impact on the activities.
According to Alain-Claude Bilie-By-Nze, the areas of competence will be better defined, human resources better identified and financial resources better secured. “The Commission will also have the mission of representing the community before States and institutions. And this Commission will have the great role of embodying all the expectations, both of the authorities of the...
AfDB Interim Director General for Central Africa, Solomane Koné, Findings of 2020 Report Provide Policymakers with Economic Review, State of Human Capital and Jobs , as well as the opportunities to explore. "It is a question of investing in the technical training and the recruitment of quality teachers …", he said, during the videoconference exchanges
According to the data compiled from this United Nations survey on e-government, Gabon is one of the sixteen countries that joined the high EGDI group in 2020, with 0.3235 points out of 1 for online services; 0.6250 for telecommunications infrastructure and 0.6719 for human capital. Likewise, the country registered an electronic participation index of 0.2738...
In his presentation, expert Ngonodji Kordjé noted that the risks associated with the various auxiliary operations cause the public treasury and even insurers to lose a lot of financial resources.
"Each operator must pay the fees and provide the service at a reasonable price because the population must benefit from quality service at an acceptable price. Postal operators have received specifications and have accepted them. As a regulator, we need to call them to order, follow them and monitor them to see how they can...
The planned disbursement is the second of its kind under the Rapid Credit Facility (FCR). It is the result of lengthy talks between IMF staff and the Chadian authorities, aimed at helping Chad cope with the economic consequences posed by Covid-19.
"Take the case of a bottle of wine that a Gabonese importer bought in France for 500 CFA francs. After the calculation of transport, customs, excise duties and port taxes, this bottle arrived in its warehouse in Libreville in 2017 at a cost price of 950 CFA francs. In 2020, taking into account the first...
According to Judith Yah Sunday, Director General of CAMTEL, this storage centre is one of the "flagship projects of the second part of CAMTEL's national Broadband Network program. It fills a real void and significantly enriches the telecommunications ecosystem in Cameroon and the sub-region. "
One of the AfDB's flagship publications, this report provides an overview of the economies of Central Africa through a regional approach to development. The theme of the third and new edition is: "Human capital, employment and skills development in Central Africa".
On July 10, the sub-regional bank validated a disbursement of 155 billion CFA francs for the benefit of these 4 states. The disbursement validated during the Board of Directors meeting on July 10, by videoconference, will make it possible to finance "13 major projects initiated by the countries concerned in the sectors of health, water...
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