Chad's public debt ratio is 46.6% as of March 31, 2020, compared to 37.2% a year earlier. An early lower than the CEMAC convergence criterion which sets the debt ceiling at 70% of gross domestic product (GDP). Chad therefore meets this criterion to date.
"The Ministry of the Budget informs companies whose debts are less than 70 million CFA francs which have been validated (by the conclusions of the work of the Task Force on the settlement of the domestic debt, note), that the Public Treasury will proceed to the payment of sums due from October 15, 2020 ”,...
According to IGF expert at Prisp, Zobi Jean Richard, this training will allow participants to be more operational and professional in the audit profession, in accordance with international standards. The modules that will be developed will cover, among other things, financial audit standards, performance, compliance, etc.
"Mobile telephone companies, fund transfers, aggregators, fintechs and administrations are today called upon to tie up to the interoperability of financial transactions for better traceability of financial flows", indicated the general manager de Gimac, specifying that this would help the sub-region, through the Bank of Central African States, to better fight against money laundering, terrorist...
However, companies remain plagued by obstacles that prevent their full growth and impact the business climate. They are twofold: insecurity in the North West and South West regions affects 88% of businesses; taxation characterized by the instability of the tax system and the reasons for tax adjustments, tax penalties and fines, the tax rate, and...
Less than a month after the discovery of 100 billion FCFA of dubious claims that the companies agreed to abandon to avoid legal proceedings, it is approximately 241 billion FCFA of "false debt" out of the 370 billion audited that come from be discovered. This therefore represents about 70% of complaints from SMEs who said...
To be eligible for this donation, "you must be a Cameroonian company with proof of legal existence and affiliated with an umbrella body; operate in sectors that have been strongly impacted by the novel Coronavirus pandemic, in particular the transformation of local products, the digital economy, the production of digital media and event media, among...
During its Council of Ministers on October 5, the Congolese government painted a grim picture of the national economic situation, while remaining optimistic for the coming months. “On the supply side, this recession can be explained by the underperformance of all industries. The non-oil sector would continue to slow down in connection with the more...
During a Council of Ministers on October 5, the government intends to continue modernizing the tax administration, in particular through the generalization of the banking system for tax collection; broadening the tax base; rationalization of tax expenditure; the modernization of the procedures relating to the revenues of the domain; improving service and portfolio revenues and...
