Cameroon: Budget Support - Cameroon Obtains FCFA 112 Billion Loan

The loan from the World Bank will help boost inclusive growth and sustainable development.

The World Bank has accorded to Cameroon a loan of FCFA 112.83 billion within the framework of the country's budget support programme. The financial package which is the first disbursement of a global sum of FCFA 220 billion was approved by the Bank's board of directors last week. To concretise the deal, a loan agreement was reached last Friday December 22, 2017, in Yaounde.

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