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Yaoundé - 21 September 2019 -
Finance

CEMAC countries to be supplied with loose change by November 2019

CEMAC countries to be supplied with loose change by November 2019
  • Comments   -   Friday, 05 July 2019 14:32

(Business in Cameroon) - In CEMAC countries, Cameroon notably, it is increasingly becoming difficult for traders to access loose change that is necessary for their day-to-day operations. During a press conference on July 4, 2019, Dieudonné Evou Mekou, the central bank’s vice-governor indicated that these coins would be supplied by November 2019.

We effectively discussed the issue. It was handled by the vice-governor and orders have been passed,” Abbas Mahamat Tolli, the central bank’s governor said.

Let’s note that many coin exports networks maintained by the Chinese have been dismantled in Cameroon. Once exported, these coins are used to fabricate various tools and objects.

BRM

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