Yaouba Abdoulaye- Minister of Economy, Planning and Regional Development (M
'Liquid' cash flowed from the hands of Yaouba Abdoulaye, Minister Delegate to the Ministry of Economy, Planning and Regional Development (MINEPAT), to some families in order to fight poverty.
For the beneficiaries, this desire could only be positively appreciated.
“This is an initiative that remains forever etched in my memory because I did not expect such attention from the government,” said Dame Broutaye Phété, a beneficiary quoted in Cameroon Tribune on Monday, November 30, 2015.
In the context of the fight against poverty in Cameroon, the government has set up a project in order to transfer funds directly to beneficiaries without going through intermediaries.
“The project targets and selects the poorest and most vulnerable in a community in a participatory manner. The main objective of this project is to bridge social inequalities by a better redistribution of wealth to the lowest class of society," the newspaper stated.
The project was implemented since 2013, with a sample of 2,000 households selected in the municipalities of Soulédé-Roua, the Far North and Ndop in the Northwest. The government decided with the support of the World Bank to increase the number of households to 40,000.
It is all about transferring the sum of 20 000 F CFA every two months to the people selected. By the 24th month, the said households will have seen 80,000 FCFA each and in the end, the project will have distributed nearly 6 million FCFA.
For the phase launched in Mokolo, the municipalities concerned were Mokolo, Karhay, and Maga in the Far North Region. Douala II in the Littoral Region and Yaounde VII at the Central Region. The project will evolve gradually to cover the national territory.
An amount of about 14.5 billion FCFA is planned for the financing of high labor intensive works. 30 000 people will be employed.
