The growth rate in CEMAC maintained at 5% in 2015

The fourth ordinary meeting of the monetary policy Committee (JPC) of the Bank of Central Africa States (BEAC) held Thursday in Douala, under the chairmanship of the Governor of the BEAC, Lucas Abaga Nchama statutory CMP president.

The press learned that at the sub-regional level, as a result of the fall in the price of crude oil, the forecasts for 2014 State real growth at 4.9 per cent instead of a 5.6% previous forecast.

At the same time, the outer cover of the currency rate amounted to 95.7%. For 2015, the updated results rely on the maintenance of the real growth rate around 5.0% thanks to the dynamism of the non-oil sector.

However, many risk factors might influence these perspectives with more pronounced decreased expected in the prices of crude oil, a slower recovery in the euro-zone, the slowdown in demand from emerging countries, the threat of the terrorist group Boko Haram in the far - northern Cameroon and the persistence of the Central African crisis.