Ministerial Committee of CAMU appeals for economic diversification

The Ministerial Committee of the Central African Monetary Union has called on governments within the sub-region to seek for diverse strategies of creating state revenue so as to improve on economic growth.

The call was made during an ordinary session of the committee in Yaounde presided by Cameroon’s Minister of Finance, Alamine Ousmane Mey- President of the Commission.

In order to achieve the objective, the chairman of the Commission says the following measures should be considered:

- The promotion of Regional Integration so as to foster an enlarged business environment where more investors are attracted.

-To reduce budgetary expenditures.