Cameroon: 2021 State budget to rise by 11.22%, subject to parliament's approval
(Business in Cameroon) - On June 7, 2021, President Paul Biya signed an ordinance increasing the 2021 budget by XAF615.2 billion (11.22%). “ For the 2021 State budget, a balance between resources and jobs has been achieved at XAF5,480.4 billion [against XAF4,865.2 billion previously approved by the parliament]. It includes XAF5,235.2 billion of the general state budget and XAF245.2 billion for special purpose accounts,” the ordinance informs . The general state budget constituted of revenues, social contributions, loans, and donations, is up by XAF565.2 billion. From the XAF4,670 bil...
Source: businessincameroon.com