“The CUT is a unified structure of government bank accounts that provides an overview of its liquidity. Based on the principle of the cash unit, it consists of a bank account or a series of linked accounts from which the government makes all of its receipts and disbursements.
The taskforce initiated by the presidency on June 24, under the leadership of the general coordinator of presidential affairs, Noureddin Bongo Valentin, is currently reviewing Gabon's domestic debt amounting to more than 700 billion FCFA. At the beginning of October, the presidency announced that at least 241 billion FCFA out of 310 billion FCFA (ie...
The bank's proposals "relate to surety insurance, bank loans that can be guaranteed by insurers, guaranteed accounts, holdbacks and start-up advances. activities, among others .” Norbert Ngniwake explains, "each time an entrepreneur has won a contract, generally the Ministry of Finance gives him an advance of funds but to be sure that this contract will...
The authorities have been proactive in responding to the COVID-19 pandemic and are stepping up their efforts to contain the spread of the disease, boost health and social protection spending, and provide temporary support to affected businesses and households. In that regard, they adopted a series of measures including a revised budget with a larger...
"Electronic payment by Airtel Money makes it possible to reduce poverty, to modernize the means of payment, to facilitate financial inclusion and also the integration of populations through it. " Djibril Tobe, Managing Director of Airtel Chad says.
Representing the Minister of Finance who is also president of Gabac, Ndolenodji Alixe Naimbaye, said: "The fight against transnational crime helps protect the entire financial system, attract investment, promote economic prosperity and ensure protection of international trade."
The president of the National Union of Economic Operators of Congo (UNOC), El hadj Djibril Abdoulaye Bopaka, like other business leaders, said he was relieved after the meeting. “We believe that the collaboration has been established with the Brazzaville club. There are a lot of technical questions, in particular on the discount and the percentages...
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 ”,...
