Debt: 2.2 billion euros accumulated by the CEMAC countries : Orishas-finance

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Debt: 2.2 billion euros accumulated by the CEMAC countries

11/10/2022

Categories: Economy/Forex

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Debt: 2.2 billion euros accumulated by the CEMAC countries

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Until December 31, 2021, the countries of the Economic and Monetary Community of Central Africa (CEMAC) accumulated a debt of 1,468 billion FCFA (2.2 billion euros) ) against France. According to governments, the stock of this debt has increased by 5% compared with the previous year and has very unbalanced disparities. According to the debt table published by the Directorate-General of the French Treasury, over the period under review, Cameroon accounted for 67% of this slate, equivalent to a debt of 992 billion CFA francs (1.5 billion euros).

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