The President of the Republic of Cameroon, Paul Biya, has presented the country’s 2018 political and socio-economic vision to the international community, this as he received new year wishes at the Unity Palace on Thursday, January 4, 2018.
Addressing the top dignitaries, President Biya said Cameroon has adopted a structural reform agenda as falling oil and commodity prices have slowed down growth.
Hear him; “On the economic front, I believe we must salute the signs of a return to growth. However, it should be noted that the situation is not the same everywhere”.
“Some countries are already experiencing growth, driven by substantial injections of liquidity and very low interest rates, while others, despite a drastic fall in exports, are still recording high growth rates, mainly thanks to strong domestic demand. Some countries are still struggling to get back to growth, while others, like Cameroon, have adopted a structural reform agenda as falling oil and commodity prices have slowed down growth”.
New Year Wishes - Biya Sells Cameroon’s 2018 Vision To International Partners |
In the end, the President urged all actors to take action and put an end to what will undoubtedly go down in history as one of the greatest scandals of the 21st century. www.journalducameroun.com