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Cameroon’s $876 Million Supplementary Budget Faces Harsh Criticism

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  • President Biya signs ordinance for supplementary budget, sparking widespread backlash
  • Critics decry increased taxes and borrowing as burdensome and out of touch with citizens’ realities

 

Yaoundé, Cameroon – Cameroon’s President Paul Biya, signed last week an ordinance to institute a 538 billion CFA francs ($876.4 million) supplementary budget. This move, which plans to increase taxes and contract more foreign loans, has attracted widespread criticism from opposition lawmakers, politicians, and social commentators.

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