“The Japanese government has provided support for the Presidential Plan for the Development and Reconstruction of the Northwest and Southwest Regions to the tune of 2,750,000 US dollars. The funding agreement was signed by the Japanese Ambassador to Cameroon; Osawa Tsutomu, Minister of Economy, Planning and Land Use Planning, Alamine Ousmane Mey, and Resident Representative...
As part of the strengthening of its partnership with Gabon, the United Nations Educational, Scientific and Cultural Organization has allocated an envelope of nearly 43 million CFA francs to the country. This sum is intended for the realization of 5 projects within the framework of Unesco's participation program for the financial year 2020-2021
The members of the CNEF have, moreover, evoked developments concerning the increase of 14.8% of loans to the economy year-on-year, the decline of 11.5% of unpaid debts. Regarding debt management, they commended the efforts of the Congolese government for the gradual clearance of outstanding domestic debt through the Club de Brazzaville, which had an immediate...
According to the explanations of the Directorate General of Taxes, "the exemption will pass, among other things, by the reduction of two points (from 30% to 28%) of the rate of income tax for the year 2021, for the benefit of Small and medium-sized enterprises; the elimination of the axle tax for the benefit of...
“It gives me great pleasure to have signed two cooperation agreements. These signed documents show, once again, that Sino-Congolese cooperation remains fruitful, despite the difficulties mainly caused by Covid-19. It also shows our determination to further strengthen our cooperation, ”said the Chinese Ambassador to the Congo.
The Minister took the opportunity to reveal to investors the budget financing program. He is counting on the feasibility of the project and especially the good health of the money market of the Bank of Central African States (BEAC).
According to the explanations of Guy Raymond Nkou, the Deputy Director in charge of the preparation of the public investment budget at MINEPAT, “it is a question for all the various actors concerned by the evolutions of this new nomenclature, to appropriate these evolutions. and the various changes that are being made. It must be...
In recent years, the Cameroonian government has financed the construction of several infrastructures intended to improve the supply of electrical energy throughout the national territory. Hydroelectric dams, power stations etc. Unfortunately all these investments, some of which are in progress and others completed, have not improved the energy supply.
"The reserves were in the negative zone so it was necessary to urgently and drastically put in place rather monetary programs and austerity programs which led to cuts in wages, the stoppage of investments and construction sites" , explained Tahir Hamid Nguilin.
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