(Business in Cameroon) - The Cameroonian ministry of economy informs that by June 30, 2018, 37.39% of the public investment budget had been implemented. In detail, it is 49.97% of internal resources for 23.72% of external.

The ministry notes that this implementation is short compared to the rate observed during the first semester of 2017. Indeed that year, the national committee in charge of the implementation of the public investment budget indicated that the rate was 52.83% by June 30, 2017.

In that regard, on July 16, 2018, the ministries of economy, finance, and public procurement market launched a review meeting in Yaoundé to determine the problems encountered in the implementation of the budget and come up with solutions. This meeting will be concluded on July 20, 2018.

Let’s remind that the 2018 public investment budget is CFA1,292 billion in payment appropriation against CFA1,586 billion in 2017 (a difference of CFA294 billion between the two periods).

S.A