12, November 2016
Yaounde: CPDM government seeking an increase in the 2017 budget 0
It has been revealed that the CPM government is seeking an increase in the 2017 budget. According to the draft tabled during this current session devoted to examine the budget which started on Thursday the 10th of October, the government expects a budget of 4378.8 billion FCFA in 2017.
Cameroon Concord News understands if the budget is adopted by parliament, it will witness an increase of CFAF 139.1 billion compared to the 2016 budget. Our chief economic correspondent noted that it will record a more than 3% increase in relative value. 70% of the Finance Act will be devoted to the operating budget, as in previous years.
By Rita Akana
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.
CRTV