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Infos Business of Tuesday, 8 December 2015

Source: cameroon-info.net

National Assembly adopts 2016 budget

Photo utilisée juste à titre d'illustration Photo utilisée juste à titre d'illustration

The finance law for the 2016 financial year was adopted by the deputies of the National Assembly in the evening of December 5, 2015.

The state budget for next year will be around of FCFA 4234,7 billion. The text was adopted without much difficulty.

La Nouvelle Expression on December 7, believes the law was passed as a mailed letter. And for good reason, "except the Social Democratic Front (SDF), the Cameroon People's Democratic Movement (CPDM), the Union for Democracy and Progress (Undp), the Democratic Union of Cameroon (DUC), the Union of the Populations of Cameroon (UPC), the Movement for the Renaissance of Cameroon (Mrc) and the Democratic Movement for the Defence of the Republic (Mdr) does not oppose the passage of the law," said La Nouvelle Expression.

The SDF has tried in vain to oppose. Moreover, the reservations of Banadzem Joseph, president of the Parliamentary Group of the Party of John Fru Ndi, did not prevent his colleagues to legislate.

The Honourable Banadzem evoked among others, "the absence of the Senate before the Board of Finance and Budget of the National Assembly. Joseph Banadzem has underlined the fact that the Upper House of Parliament has not defended its budget is of the order of FCFA 14.975 billion.

The money used by the Senate is illegal according to the President of the SDF Parliamentary Group. For the latter, therefore, the finance bill cannot be adopted, while the Upper House of Parliament has not made the trip to the National Assembly," reported La Nouvelle Expression.

The paper recalled that this "requirement demanded by MPs, has never been observed since the creation of the Senate in 2013. Besides the President of this institution Marcel Niat Njifenji always showed the colours in the early November sessions, affirming to the top of the congress that the Senate will defend its budget only before its own commission of finance and budget."