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Public investment will increase to 36% in the 2016 budget of the Cameroonian State

Public investment will increase to 36% in the 2016 budget of the Cameroonian State
  • Comments   -   Saturday, 28 November 2015 02:59

(Business in Cameroon) - In 2016, the State of Cameroon will inject over FCfa 1,500 billion in the implementation of projects in the country. This is certainly what the 2016 budget currently under review by Parliament indicates. With this amount, the Public Investment Budget (BIP) will represent 36% of the global budget of the State, against 30% in 2015 and 2014.

Marginalised for a long time at the expense of the operating budget which could take up to 80% of the national budget, BIP has grown in importance in the State budget since 2014, to the benefit of big ongoing or future infrastructure projects.

Indeed, in addition to the dams and other ongoing road and highway projects, there will be in 2016 investments in sports infrastructure for the organisation of the 2019 AfCON, as well as projects belonging to the government's three-year emergency plan, which will reach its second milestone in 2016.

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