The Government of Cameroon will in the days ahead involve banks in the collection of funds for the fight against coronavirus. These banks which are yet to be made public will have accounts of the National Solidarity Fund created by the government with a starter of 1 billion FCFA.
This strategy of requesting the contribution of banks was adopted during a government meeting chaired by the Prime Minister in Yaounde. At the end of the meetings, Joseph Dion Ngute asked the Finance Minister, Louis Paul Motaze, to open accounts for the collection of resources destined to the fund in “one or more banks institutions.”
The decision was prompted by the donation of 150 million FCFA by UBA Cameroon. It is alleged that, the bank will be amongst the favorites to be picked as the list of banks is expected in the days ahead.
The Solidarity Fund continues to receive funds from businessmen and corporate bodies with close to 2 billion CFA contributed.
