CEMAC Parliament approves budget project for community

The Parliament of the Economic and Monetary Community of Central Africa (CEMAC) approved the budgetary project for income and spending of 83,096,804,000 Franco CFA, following the presentation of the report.

Meeting in plenary session in march 2019, the CEMAC deputies unanimously adopted the budgetary project for the community for the 2019 tax year, following over two weeks of analysis by the Parliamentary Commission in charge of economic policy, in the presence of the President of the CEMAC Commission, Daniel Ona Ondo, the Vice-President, Fatima Haram Acyl, and the commissioners.

In the session overseen by the President of the Parliament, Mahamat Ali Kosso, they heard report No. 15/2019, read by the first reader of the commission.

Following the report, the parliamentarians interviewed the Vice-President of the Commission and the heads of specialist bodies and executive agencies in CEMAC in order to better understand the budgetary project presented.

Following scrutiny by the Parliamentary Commission, the budgetary project for the community, which brings together Equatorial Guinea, Cameroon, Gabon, Congo, Chad and Central African Republic, received approval.

Ona Ondo Ondo thanked the deputies for the work done and hoped that the budgetary project achieved the aims for which it was designed, and declared his satisfaction for the good progress of the session and the approval of the budgetary project, which he described as “a bearer of hope” for the acceleration of the process of CEMAC integration.

Source: Equatorial Guinea Press and Information Office

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