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Cameroon: MINEPAT Signs CFAF 33 Billion Grant from Germany to Finance Developmental Projects
Category :- Economy and Finance Author :- N Gelmin S 
Posted on December 18, 2020, 11:34 am
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The Minister of Economy, Planning and Regional Development (MINEPAT), Alamine Ousmane Mey and the German ambassador in Cameroon, Corinna Fricke signed three cooperation agreements on Thursday December 17th, 2020 in Yaounde.

Cameroon: MINEPAT Signs CFAF 33Billion Grant from Germany to Finance Developmental Projects

The agreements concern a CFAF 33 billion grant made by Germany to help fund local development, civil status, modernization of public finances, health and regional planning projects in Cameroon.

MINEPAT Signs CFAF 33Billion Grant from Germany to Finance Developmental Projects

“The three agreements that we have just signed will provide significant support to Cameroon in the implementation of the second phase of its 2035 vision as set out in the National Development Strategy for the period 2020-2030, the SND30,” Mr. Fricke said.

MINEPAT Signs CFAF 33Billion Grant from Germany to Finance Developmental Projects

Among the finance agreements were two financial cooperation agreements worth 9 million euros each objectively scheduled to support Cameroon in the areas of health and the development of rural infrastructure.

MINEPAT Signs CFAF 33Billion Grant from Germany to Finance Developmental Projects

The minister said the agreements all fall under the government’s vision for an emergent Cameroon by 2035.

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Tagged Keywords: development, minepat, grant, germany
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