This drop in revenue is due to the drop in tax revenue (-587.353) driven by "Value-added taxes and turnover" (-298,017), "Taxes on specific products and excise duties "(-69,022)," Import duties...Read More
The survey reveals that: "93% of business owners admit that the activities of their production units have been negatively impacted. Among these companies, 14% of the informal sector and 18%...Read More
“GDP growth is expected to fall sharply to -1.2%, about 5 points lower than the pre-pandemic projection. The pandemic has resulted in a substantial deterioration of the global economic environment,...Read More
"This fund is funded to the tune of FCfa 180 billion in the second half of 2020. The expenses borne by the said fund must contribute to the achievement of...Read More
Though affected by the Coronavirus crisis, producers of refined vegetable oils and soap in Cameroon are already preparing for the post-health crisis. The operators will import 90,000 tonnes of crude...Read More
This represents an increase of 35% compared to those generated at the end of 2018 (9.5 billion FCFA). The reserves of the countries of the Economic and Monetary Community of...Read More
Seven member countries of the Paris Club have granted Cameroon the right to suspend debt servicing for the period between May 1, 2020 to December 31, 2020. Germany, Belgium, Spain,...Read More
Freight traffic has resumed along the road which connects Cameroon to the Central African Republic. Last week, Cameroonian truck drivers stopped work after several of them, affected by Covid-19, were...Read More
Transportation, hotels and restaurants, and commerce are the sectors that the government says have been most affected by the coronavirus pandemic. This is the result of a study carried out...Read More
In Meyo Kye and Eboro, two localities bordering Cameroon, a food product transfer dock and a standing cattle processing area will be built. The construction work, which is expected to...Read More
The Cameroonian government unveiled its debt strategy for the period 2020-2022, in a briefing note on issues of bonds of assimilable treasures (OTA) by auction, published on April 1, 2020...Read More
Cameroon’s Electronic payment switch is now operating across the country. Laucnhed by the Minister of Post and Telecommunication Minette Libom Li Likeng, this switch managed by the Cameroon Postal Service...Read More
The State of Cameroon wishes to mobilize a total of CFAF 220 billion on the money market via the issue of Assimilable Treasury Bonds (OTA). This money will help finalize...Read More
Cameroon has decided to maintain trade with Chad and the Central African Republic despite taking measures to contain the spread of the coronavirus. This follows a readjustments of the anti...Read More