
The Guardian Post Daily
February 21, 2025 at 07:19 PM
In the face of obvious donor fatigue, which is making it increasingly difficult for the State to raise development funds from the different money markets, government is planning to open avenues through which more and more Cameroonians would be able to buy treasury bonds, and thereby become government creditors.
The Director General of the Treasury, Financial and Monetary Cooperation, Moh Sylvester Tangongho, announced the plan during a meeting in Douala, February 13.
Moh said government plans to expand public debt market by introducing new financing strategies that will make more Cameroonians to get involved in loaning money to government.
Specifically, he unveiled government’s new strategy to widen the pool of investors in Cameroon’s public debt market.
Read more: https://theguardianpostcameroon.com/post/5847/en/as-big-donors-shy-away-govt-throws-doors-open-get-devt-loans-cameroonians