T he year 2020 that has just began is seemingly going to be eventful as a “New Cameroon” is being nurtured. The organisation of continental sporting event this year and next year (CHAN 2020 and AFCON 2021), the acceleration of decentralisation with the putting in place of regions, amongst others. Perhaps, what will reshape the economy this year is the implementation of the draft National Development Strategy 2020-2030, which replaces the Growth and Employment Strategy Paper. All of these actions are aimed at boosting growth which is expected to be consistent to the 4 per cent trend. The overall objective is to propel Cameroon into an emergent economy by 2035. In fact, the 2020 State budget which stands at FCFA 4,951.7 billion witnessed a drop of FCFA 260.3 billion or 5 per cent in relative terms compared to that of 2019 financial year which stood at FCFA 5, 212 billion. This, the Minister of Finance, Louis Paul Motaze underlined while defending the budget at the National Assembly th...
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