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Economic and Financial Program: Discussions will end next May 21 (DGD)

(Business in Cameroon) - On May 5, 2021, the Cameroonian government and the International Monetary Fund (IMF) began discussions for the country s new economic and financial program. The information is disclosed in the newsletter published by the Directorate General of Customs (DGD), whose Director-General, Fongod Edwin Nuvaga, met on May 5 with the IMF mission, through videoconference.

On Friday, May 14, 2021, the customs administration, among other state agencies, will participate in the presentation of the revised 2021-2026 macroeconomic framework. The next day (May 15, 2021), still with other agencies, the customs administration will take part in discussions on the memorandum of economic and financial policies. The feedback from those discussions will be presented in two phases. First, they will be presented to the Ministers of Finance and Economy on Wednesday, May 19, 2021. The second phase is the presentation to the Prime Minister, on May 21, 2021,” the DGD newsle ....

Fongod Edwin Nuvaga , Louis Paul Motaze , International Monetary Fund , National Sinking Fund , Directorate General , Prime Minister , Finance Minister Louis Paul Motaze , சர்வதேச பண நிதி , இயக்குநரகம் ஜநரல் , ப்ரைம் அமைச்சர் ,

CEMAC: Central bank BEAC injected a record XAF1,213 bln liquidity into the banking circuit in March 2021

“
This is the first time credit institutions operating in the sub-region have ever captured such a huge amount during the liquidity injections operations organized by the central bank within a month,” the National Sinking Fund of Cameroon (CAA) writes in its report on Cameroon’s public debt as of end-March 2021.
Indeed, all over the 2020 financial year, the weekly volumes captured by banks were modest, ranging between XAF30 billion and XAF80 billion out of the XAF250 billion offered by the BEAC at each of the operations. However, since early 2021, banks have been showing a growing interest in the liquidities offered.
Coronavirus ....

National Sinking Fund Of Cameroon , Central African States , National Sinking Fund ,

Cameroon: Public debt rose to XAF10,574 bln in March 2021 (CAA)

By March 31, 2021, Cameroon’s public debt was XAF10,574 billion, according to an update from the National Sinking Fund (CAA). Compared with the ....

National Sinking Fund , National Institute Of Statistics , National Institute , Debt To Gdp , தேசிய நிறுவனம் ஆஃப் புள்ளிவிவரங்கள் , தேசிய நிறுவனம் ,

Cameroon: Public debt rose by over XAF4,000 bln in 2016-2020 (CAA)

Cameroon: Public debt rose by over XAF4,000 bln in 2016-2020 (CAA)
Cameroon: Public debt rose by over XAF4,000 bln in 2016-2020 (CAA)
April 9, 2021
| At end-December 2020, Cameroon’s public debt was XAF10,334 billion (46.9% of GDP), according to “provisional data” from the National Sinking Fund (CAA). This figure is up by 5.6% year-on-year.
The sinking fund explains that such a rise was due to the disbursement obtained under the Rapid Credit Facility set up by the IMF to help countries fight the coronavirus pandemic, the new domestic debt agreements, and the significantly high volume of public securities issued during the period under review. ....

Richard Evina Obam , National Sinking Fund , African Development Bank Af , Rapid Credit Facility , African Development Bank , விரைவான கடன் வசதி ,

Cameroon: Public debt rose by over XAF4,000 bln in 2016-2020 (CAA)

(Business in Cameroon) - At end-December 2020, Cameroon’s public debt was XAF10,334 billion (46.9% of GDP), according to provisional data from the National Sinking Fund (CAA). This figure is up by 5.6% year-on-year.
The sinking fund explains that such a rise was due to the disbursement obtained under the Rapid Credit Facility set up by the IMF to help countries fight the coronavirus pandemic, the new domestic debt agreements, and the significantly high volume of public securities issued during the period under review.
As of December 30, 2020, the country’s public debt was as follows: XAF9,411 billion of direct and publicly guaranteed debt and XAF922 billion of public corporation’s non-guaranteed debts. For years now, the country’s debt has been on an uptrend curve. Indeed, according to data compiled by the CAA, between 2016 and 2020, Cameroon’s public debt rose by XAF 4,324 billion (from XAF6,010 billion to XAF10,334 billion over 4 years). ....

Richard Evina Obam , National Sinking Fund , African Development Bank Af , Rapid Credit Facility , African Development Bank , விரைவான கடன் வசதி ,