Senate Adopts Two Bills

A plenary sitting chaired yesterday by Senate President, Marcel Niat Njifenji, endorsed the bills.

Two bills were yesterday November 23, 2016 approved by the Senate during a plenary sitting chaired by Marcel Niat Njifenji. The Settlement Bill of the Republic of Cameroon for the 2015 financial year and the other to authorize the President of the Republic to ratify the Bangui Agreement instituting an African Intellectual Property Organisation (OAPI) revised in Bamako (Mali) on December 14, 2015.

The two bills were adopted in the presence of Minister of Public Service and Administrative Reforms, Michel Ange Angouin, representing the Minister Delegate at the Presidency in charge of Relations with the Assemblies, Amadou Ali.

The Minister of Finance, Alamine Ousmane Mey, was in the plenary to provide further clarifications on worries raised by Senators on the Settlement Bill which recorded the final amount of income and expenditure of the 2015 State budget. It concerns Law N° 2014/26 of 23 December 2014: 2015 Finance law of the Republic of Cameroon that had balanced the State budget in revenue and expenditure at FCFA 3 746 600 000 000. It also concerns ordinances N° 2015/1 of 6 February 2015 and N° 2015/3 of 13 August 2015 to raise the ceiling for government bond issues and loans respectively, the final appropriations in revenue and expenditure ...