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Economy

86 Billion FDA Funds for Cameroon in 2012

86 Billion FDA Funds for Cameroon in 2012
  • Comments   -   Wednesday, 25 September 2013 15:48

–(Business in Cameroon) - The French Development Agency (FDA) pumped in some 86.2 billion CFA Francs to finance Cameroon’s economy in 2012, its 2012 report indicates.

According to the report, the agency financed the global economy in 2012 to the tune of 4, 591 billion CFA francs and the 86.2 billion CFA francs new financing for Cameroon is in five sectors of the economy.

The report indicates that FDA’s support to financing Cameroon’s economy since 2006 is in the neighbourhood of 942 billion CFA francs in the domains of agriculture and rural development, infrastructure, development of productive sectors, social and environment sectors.

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