November Session Of Parliament: State Budget, NW, SW Crisis Top Priorities

Senators and Members of the National Assembly are since Friday, December 10, 2021 going back to their respective constituencies after having participated in the November 2021 ordinary session of Parliament that started on Thursday, November 11, 2021 and ended on December 10, 2021 making exactly 30 days as provided for in the Constitution.

What will forever remain after the parliamentary session is the 10 bills passed. The bill was the Finance Bill of the Republic of Cameroon for the 2022 financial year.  The bill contained the State budget for the 2022 financial year that is balanced in resources and expenditure at the sum of FCFA 5,752.4 billion as against 5,480.4 billion in 2021, representing an increase of 272 billion (five per cent in relative terms).

The objective of the overall budgetary policy remains the medium and long-term sustainability of public finances and the proper implementation of the National Development Strategy 2030 in line with the presidential guidelines contained in the August 30, 2021 circular and the requirements of the new Economic and Financial Programme concluded with the International Monetary Fund (IMF).

After the tabling of the Finance Bill in the two Houses of Parliament, Prime Minister, Head of Government, Joseph Dion Ngute on November 26, 2021 during a plenary sitting of the National Assembly presented government’s economic, financial, social and cultural programme for 2022 fiscal year. After presenting a balance sheet of the implementation of the 2021 programme, Joseph Dion Ngute stated that the programme for 2022 fiscal year will pay particular attention to strengthening the mobilisation of internal non-oil revenue, as well as mastering and improving the efficiency of public spending, in order to reduce the budgetary deficit from 3.2 per cent of the Gross Domestic Product to in 2021 to 2 per cent in 2022.

The November 2021 ordinary session of Parliament, especially in the National Assembly enters the ann...