Our main objectives are:

  • Increase production and productivity in all sectors of production (including agriculture, livestock, industry).
  • Achieve double-digit growth.
  • Enter the Top 50 of Doing Business and be among the top 10 African countries that attract the most foreign direct investment (FDI)

Organisation, work and discipline

In close collaboration with trade unions, we will set up a national awareness and training programme and we will work on the issue of the flexibility of labour law, including the weekly working time. The 40-hour week must be a legal minimum that can be extended to 50 hours depending on the branch and the period of activity, on the basis of negotiations between the different actors of the labour market. This is one of the conditions of our country’s attractiveness to foreign direct investment (FDI) and the competitiveness of our companies.

From informal to formal

  • We will encourage and stimulate the creation and growth of SMEs and VSEs as the main providers of jobs;
  • We will value experiences that have shown their ability to generate stable and profitable jobs. In this perspec tive, we will encourage young people from the informal sector to get started, the aim being to enable them to have a stable and remunerative activity;
  • We will value experiences that have shown their ability to generate stable and profitable jobs;
  • We will proceed to a concerted structuring of the informal sector, on the one hand, by the identification of the actors of the sector, in order to provide them with the accompaniment necessary for their development, on the other hand, by the establishment of an adapted taxation;
  • We will create a one-stop-shop for the discharge tax in the form of a single tax from the Ministry of Finance, which will redistribute to local services and administrations;
  • We will put in place the system advocated by the OHADA, particularly with the introduction of the Minimal Treasury System for very small businesses;
  • We will create the status of self-employed worker for business owners in order to confer them the right to social security;
  • We will improve the level of performance and productivity of VSEs and SEs through targeted vocational training so that they can create at least one to two new jobs in a period of two to five years.

Financing our economy

Douala – the Manhattan of Central Africa

Douala will become the financial centre of Cameroon and the Manhattan of Central Africa. The Joss Plateau will be the epicentre of this financial capital which will have to drain the capital for the reconstruction of Cameroon.

The Sovereign Investment Fund (SIF)

  • We will build a sovereign fund to drive investment in strategic sectors that the private sector cannot invest in or find no immediate interest in investing in today.
  • These are reserves set aside in order not only to guard against the uncertainties of the future, but also and above all to guarantee a brighter future for future generations.
  • This sovereign investment fund will initially result from the reform of the SNI and will be fed gradually by new revenues from the exploitation of natural resources and other types of participations to be defined.

Cameroon Diaspora Investment Fund (DIF)

Fair and equitable international agreements

The CFA Franc

We will leave the CFA Franc. However, the march towards the end of the CFA will have to be well prepared:

  • We must first decide on the path to follow: create our own currency with the 15 member States of the franc zone of Central Africa and West Africa? Create a currency specific to the 6 BEAC member States? Create a national currency in Cameroon?
  • We will leave the options to a panel of experts to obtain the opinions on each of the options, in order to make the best possible decision in the interest of our country.

The EPA

The Economic Partnership Agreement between Cameroon and the European Union (EPA) can be summarised as follows: free access to the European market for some Cameroonian products (mainly forestry and agricultural), against the gradual dismantling of barriers for the bene t of imports of products from the European Union.
This agreement is very unbalanced and does not allow the industrial boom of Cameroon. It will have to be re-examined.