On the 25th of February 2023, an ordinary meeting of the National Executive Committee (NEC) was held at our Centre regional headquarters in Yaoundé, chaired by our National Chaiman John FRU NDI.

Effectively present were 49 statutory members out of 87 attesting to a largely attained quorum and the resolutions of the said meeting have been signed and distributed for the attention of all militants.

I exhort all party members to read and ensure the strict application of these resolutions particularly regarding the ongoing reorganisatiom exercise and the announced pending ordinary convention.

Par Louis-Marie Kakdeu | SDF Shadow Minister Economy, Finances and Trade

On 5 July 2022, the Minister of Finance signed a SIMPLE circular letter N°4918/MINFI indicating that due to the underperformance of public enterprises (and under pressure from the IMF), Performance Contracts will be in force from 1 January 2023. This forced measure is inadequate in both form and substance:

by Hon. Jean Michel NINTCHEU, Député.

The latest government measures concerning the financial aspect are pure smoke and deceptions. They are globally very unsatisfactory.

par Louis-Marie Kakdeu | SDF Shadow Minister Economy, Finance, Trade

In terms of budgetary policy, the DOB is the opportunity given to elected officials (and by extension to the people) to express their opinion on the BIG LINES of the national budget. Simply put, this is the time to fight by ALL MEANS to have the concerns of the people ("of their village or region") included in the budget. However, people, including the CPDM, ignore this, which is a major political error in the life of the Nation. A NORMAL country does not manage itself by imploring each time the magnanimity of "His Excellency Paul Biya" or "his high instructions" which constitute in matters of Finance what should be called "budgetary indiscipline". A President of the Republic cannot VALUABLY give instructions that go EVERY TIME against the budgetary lines decided (strangely by himself who has the "comfortable majority"). It is this budgetary disorder that keeps us in the IMF whose main mission is nothing else but to ensure BUDGETARY DISCIPLINE. It is as if you organized the disorder at home and then paid for the services of a Consultant in charge of bringing order. This is the Cameroonian paradox! All this is because we do not understand public finance on the one hand and the role of a Parliament on the other. Even the Executive has every interest in favoring the DOB to be sure that during the year, a legitimate social demand will not come to impose budgetary indiscipline on the government as is always the case in Cameroon. It is hard to imagine that anything that happens to the economy and finance will not happen. Even the external shock that we are experiencing today was largely predictable with the extroverted nature of our economy.