CEMEC Conference: President Biya Congratulated On His Re-election

The Heads of State and Governments of the Central African Economic and Monetary Community (CEMAC) sitting in their extraordinary confe rence session in the Chadian capital, N’Djamena on October 25, 2018 congratulated President-elect Paul Biya of Cameroon on his brilliant reelection during the October 7, 2018 presidential election.

In the final communique that sanctioned the conference, they equally called on Cameroonians to use dialogue for the sake of peace which Cameroon and the CEMAC zone need. Prime Minister, Head of Government Philemon Yang represented President Paul Biya in the summit that was chaired by President Idriss Deby Itno of Chad who is the current chairperson of CEMAC.

The extraordinary conference was attended by other Heads of State such as Teodoro Obiang Nguema Mbasogo of Equa torial Guinea, Denis Sassou Nguesso of Congo, with Presidents of Gabon and Central African Republic equally represented.

CEMAC leaders used the conference to renew their commitment to resolve all the pockets of conflicts and insecurity in the zone. They also took the commitment to intensify actions intended to eliminate terrorist threats in the Lake Chad Basin and encouraged the initiatives undertaken to secure lasting peace and stability in the Central African Republic. The N’Djamena CEMAC extraordinary conference was summoned to essentially chart the way for economic growth in the zone. For this to take place, the leaders made a series of recommendations.

They instructed the CEMAC Commission to accelerate common sector policy reforms, strengthen sub-regional integration and improve governance. They equally encouraged the Bank of Central African States (BEAC) to continue implementing all measures necessary to bring out the sub-region from crisis, ensure economic recovery and maintain monetary and financial stability.

Concerning the Development Bank...