Budget deficit of Cameroon is due largely to the decrease in revenues from oil, which regularly comprises 25% of the government’s revenues. Cameroon’s budget deficit maxed out at the year end of 2016 at 6.9% of GDP as reported by Standard & Poor’s, an American rating agency. However, over the period 2017 to 2020, Cameroon’s […]
Cameroon, UNITAID Propose Taxes on Financial Transactions. Cameroon and UNITAID, an innovative financing facility for global health, want taxes engaged by France and Germany on financial transactions to be quickly adopted by countries of the world in order to raise funds to finance access to medication for people of developing countries.