–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.
– The Ministry of the Economy, Planning and Regional Development, through the National Community Driven Development Programme, PNDP, has realized infrastructure projects in the West Region to the tune of 22.8 million CFA francs.
Minister Emannuel Nganou Djoumessi officially inaugurated the classrooms, latrines and water points on Friday September 13, 2013 in Bamefap, Bamenkombo, Mbouda Sub-division. According to Cameroon Tribune, the Minister expressed satisfaction with the work done and promised government’s continuous efforts to stand by the population for a better living.
According to the PNDP Coordinator for the West Region, Boniface Megouo, the programme between 2004 and 2009 financed 158 micro projects in the Region to the tune of 3.5 billion CFA francs.
- The Head of State, Paul Biya, has reorganized the functioning of the Ministry of Public Works, allowing it to efficiently pilot infrastructure projects needed to catapult the economy to emergence by 2035.
The new organigramme contained in a Presidential decree of September 13, 2013 creates a department of infrastructure, which is supposed to partner with other structures in the construction of rail, ports (sea and air), energy, as well as environmental projects.
Another new department born out of the presidential decree is that of technical studies. Placed under a Director General, the department will serve as a reference point in matters of technical studies of projects. It is also to follow up the quality and cost as well as deadline of public works infrastructure in the country.
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