FCFA banknotes
The Cameroonian government and the 33 councils of the logging and mining Eastern region (one of the most landlocked in the country), have just launched, in the town of Bertoua, the 3rd phase of the National Collaborative Development Programme (PNDP), which will allow for the investment of about FCfa 5.7 billion in this area of the country.
This projects to be undertaken as part of the PNDP concern, we learn, sectors such as health, transport, education or village water systems.
In accordance with the PNDP schedule, even though the majority of the financing comes from the programme, a contribution from the beneficiary populations is required.
Lead by the Ministry of Economy and implemented in the 10 regions of Cameroon, this programme’s objective is to fight against poverty. The 3rd phase in progress is benefitting from a financing of FCfa 42 billion from the World Bank.
