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Infos Business of Samedi, 2 Août 2014

Source: Cameroon Tribune

70 billion F collected in 2014 by gov't

Cameroon started the program for the emission of public securities at the third quarter of 2014 by borrowing 10 billion from the money market of BEAC July 9.

At the end of the first half (January-June 2014), Cameroonian public Treasury raised 60 billion f on this same market by issuing Government securities. This brings the total amount of the loan already contracted by the State via this funding mechanism to 70 billion.

Cash plan for fiscal year 2014 reveals a need for internal funding estimated at 280 billion F.

Arrived halfway through the year, CT met the head of division of the Treasury of the Ministry of finance to prepare the statement of operations and the benefits derived from this mode of funding