21, November 2016

CPDM government presents recessionary budget to parliament 0

The government has presented a draft budget for the 2017 fiscal year. It is 4,373.8 billion FCFA.  The bill was tabled at the National Assembly today the 21st of November 2016 during a plenary sitting of the House which was chaired by the Senior Deputy Speaker of the, Hilarion Eton.

The 2017 draft budget recorded an increase of over 139.1 billion FCFA compared to that of 2016. The bill was presented alongside that which authorizes the President of the Republic to ratify the agreement between Canada and the Republic of Cameroon on the promotion and protection of investments.

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