Parliament – 3rd Ordinary Session Begins Today

Parliament – 3rd Ordinary Session Begins Today

This is contained in separate bureaux orders signed by the President of the Senate and Speaker of the National Assembly convening the session on November 14, 2017.

 

The 3rd ordinary session of Cameroon’s parliament opens tomorrow, Tuesday November 14, 2017 at the National Assembly and the Senate. According to separate bureau orders signed by Hon. Cavaye Yeguié Djibril for the National Assembly and Marcel Niat Njifenji for the Senate, both Houses are convened on November 14, at 11 am for the National Assembly and 4pm for the Senate. Cavaye Yeguié Djibril will preside over the opening plenary session at the Ngoa-Ekelle Glass House while Marcel Niat Njifenji will do same at the Senate holding at the Yaounde Conference Centre. Both opening sessions are expected to be attended by national dignitaries and members of the diplomatic corps accredited to Yaounde.

Adoption of 2018 State Budget the 3rd Ordinary session (November session) of Cameroon’ parliament according to the constitution of the Republic is dedicated to the examination and adoption of the State budget for the coming year. us, the session that opens this Tuesday will apart from examining other bills, focus on examining and voting of the 2018 State budget as it will be presented by the government. Prior to dissecting the State budget that will be submitted by the government, the Prime Minister, Head of government will present the government’ Economic, Financial Social, Cultural Programme to the members of the National Assembly during which the government’ road- map for 2018 will be unveiled.

The Minister of Finance will upon the tabling of the Finance Bill before the parliament defend the entire budget before the Finance and Budget Committee of the National Assembly and the Senate before each head of Ministerial department defends his/her budgetary allocation. 2018 budget, Hot News learnt from unconfirmed sources, will witness a slight increase from FCFA 4, 373 billion in 2017 to FCFA 4,513 in 2018. Cognizant to difficult financial crisis, the International Monetary Fund that has accorded Cameroon an Extended Credit Facility of about FCFA 390 billion for a three-year span, recommends that Cameroon should reduce budget deficit to 2.3 per cent of its Gross Domestic Product in conformity to the terms of IMF’ ECF.

Jeff OBASE

 

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