The Covid-19 pandemic, which continues to wreak havoc around the world, has significantly disrupted the world economy in general and that of Cameroon in particular. Despite this precarious situation, the...Read More
The Finance and Budget Minister of Chad, Tahir Hamid Nguilin has defended at the National Assembly on Monday the new law establishing a fund for youth entrepreneurship, adopted unanimously by...Read More
According to the Minister of Finance of Cameroon, the CEMAC states are working to mitigate the effects of the coronavirus on monetary parity. “The risk that hung over our heads...Read More
Cameroon’s Director General of Taxes says that measures taken by Government to contain Covid 19 come at a huge cost. Modeste Mopa Fatoing who spoke to the national daily Cameroon...Read More
Coupled with other factors like falling commodity prices, the coronavirus will have a huge impact on the national economy. According to the government, national economic activity is expected to decline...Read More
The Cameroonian group, KPMO, (made up of 9 companies from the port market including APM, TRANSIMEX AND SAPEM) responsible for the management of the multipurpose terminal of the Autonomous Port...Read More
The Director General of Economy and Fiscal Policy has warned that the Covid-19 pandemic will cause a loss of 700 billion CFA francs in state budget revenue in 2020. This...Read More
The United Nations has allocated $ 12 million from its Humanitarian Fund to support the multi-sectoral emergency response in the Central African Republic (CAR). This emergency financial allocation will also...Read More
On May 4, 2020, the Board of Directors of the International Monetary Fund (IMF) granted a new loan of CFAF 135 billion to Cameroon. Money that will be entirely devoted...Read More
The issue of temporary suspension of debt service for the poorest countries, including the Central African Republic through the G20, was at the heart of discussions this Wednesday, May 6,...Read More
The European Union and the states contributing to the Bêkou Fund – Germany, France, Italy, the Netherlands and Switzerland – adopted in April three new programs for resilience and recovery...Read More
Among the African countries most affected by the Coronavirus pandemic, Cameroon has just received significant financial support. The country of Paul Biya was granted a loan of 226 million dollars,...Read More
The spread of Covid-19 in the Central African Economic and Monetary Community CEMAC still poses a new risk of devaluation of the common currency, the CFA Franc. At least that’s...Read More
Though expecting 50 billion FCFA, the State of Cameroon is satisfied with 34 billion FCFA, obtained on the money market on April 29, 2020. It was during its third operation...Read More
