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
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
The CFA Franc used within the Central African Economic and Monetary Community (CEMAC) is on the list of potential victims of the covid-19 epidemic which is currently raging in the...Read More
Banking regulation has remained rigid for the banking sector in the CEMAC zone. Commercial banks in the sub-region are forced to continue to strictly adhere to the prudent rules that...Read More
Gabon, like other countries on the continent, calls for the cancellation of the debt of African countries without distinction of category. The announcement was officially made by Prime Minister Julien...Read More
According to the issuing institution, the Covid-19 will cause, among other things, the deterioration of macro-economic accounts, the fall in external funding, the disruption of intra-community trade, the weakening of...Read More
The liquidity made available by the Central Bank does not attract the bankers of CEMAC, credited with about 2000 billion FCFA of free reserves, according to the IMF. But beyond...Read More
The permanent Secretariat of the CEMAC Economic and Financial Reforms Programme –PREF CEMAC has revealed that the coronavirus would have a negative impact on Cameroon’s economy. The organ of the...Read More
Economies within the Economic Community of Central African States (ECCAS) will collectively have a 4.7 percentage point drop in their projected GDP growth this year as a result of the...Read More
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