Saturday, November 30, 2019

Cameroon: 4,951 billion for the year 2020 budget bill for fiscal

The National Assembly received this Friday, November 29, 2019, the bill of finance on behalf of next year and the Prime Minister for the presentation of the government's economic, financial, social, sports and cultural program during the year 2020.

Open since November 12, 2019, the budget session has never so well brought his name to the National Assembly as this Friday, November 29, 2019. 

Indeed, it is this day that the government has tabled in the House of Ngoa -Ekelle, the budget bill for fiscal year 2020. The executive believes that to adjust the outlook for the next year, it will require an envelope of 4951 billion 700 million FCFA. 

Prior to the review and adoption of this budget, Prime Minister Joseph Dion Ngute made the traditional presentation of the government's economic, financial, social, sporting and cultural program during the year. 2020. A first for the tenant of the Star Building who succeeded Philémon Yang on January 4, 2019.

"Next year, the government will continue the implementation of territorial dismemberment, priority to accelerate the decentralization process and the implementation of the special status of the North West and South West regions; It will also be necessary to maintain the momentum of national solidarity with the affected regions through the acceleration and distribution of emergency humanitarian assistance to internally displaced persons in the North West and South West; the year 2020 will also be marked by the double legislative and municipal elections; the CHAN 2020 and the CAN 2021 football projects ... The challenges to be met both institutionally and structurally ", explained the PM, in plenary session of the National Assembly. 

If the opposition MPs denounce again, the late tabling of the draft budget law within ten days of the end of the current session, the elected representatives of the party in power can find nothing to complain about, "On perspectives for the year 2020, I noted that it is a realistic budget, which takes into account the current difficulties that crosses Cameroon. This is a budget that is down 5%, which shows that it is a budget that has largely taken into account, the concerns related to the decline in revenue "said the Honorable Ongolo Omgba Jean Simon, CPDN deputy Central Region.

Source: Cameroon-Info.Net