Minepat assigns competitiveness committee new task

IMF BEAC Meeting

Wed, 15 Apr 2015 Source: Cameroon Tribune

The Minister of Economy, Planning and land use (Minepat) established a body of the technical secretariat known as the Committee on competitiveness on March 31. The instituting of this organ is intended to contribute to the development and monitoring of strategies and development programmes.

It is an act deemed important in the process of putting in place bodies of the said Committee. Reorganized by presidential decree in February 2014, the aforementioned Decree contains two main innovations: "beyond our traditional missions, inter alia, identify obstacles to the competitiveness of the economy and businesses, and to propose all measures aimed at increasing national competitiveness.

The Committee now has the task of contributing to the development and monitoring of the implementation of the strategies and development programmes, explained Lucien Sanzouango, permanent Secretary (PS) of the competitiveness Committee.

The second mission recently assigned by the president of the Republic, is to "develop and submit to the Prime Minister an annual report on the State of the competitiveness of the national economy.

This is a mission that evolved as a result of the establishment of an observatory body on competitiveness with the financial support of the European Union", says the SP.

The Committee was thus reorganized with new members installed. They will start in the coming days with a strategic planning workshop that will bring together representatives of public, private sector and civil society actors.

According to Lucien Sanzouango, they have been made to understand the emerging issues and challenges of the competitiveness Committee. That is to initiate a dynamic appropriation of the new texts in the light of the current economic and industrial challenges.

At the end of the three-year seminar an action plan accompanied by a plan of implementation emerged. This was submitted to Minepat which has "particularly insisted on the need to involve the private sector in the work of the seminar to further enhance the impact of the activities of the Committee of competitiveness on corporate life", asserted the SP.

Source: Cameroon Tribune