Friday, 23 December 2016

Chadian president leaves Cameroon summit prematurely

Chadian President Idriss Deby Friday left a Central African states summit in Cameroon prematurely.


Preliminary investigations indicated that President Deby was dissatisfied with the resolutions of the Central African Economic and Monetary Community (CEMAC) in Yaoundé.

President Deby is also the chairman of the African Union.


Ailing economies
Instead of agreeing on the devaluation of their common currency, the CFA Franc, the head of states, in a 21 point communique, resolved to carry out structural readjustment to bailout ailing economies of the region.
CEMAC brings together Cameroon, Chad, Gabon, Equatorial Guinea, the Republic of Congo and the Central African Republic.

The meeting
IMF Managing Director Christine Lagarde attended the Friday session, despite her visit having not been announced previously.
President Idriss Deby
French Finance Minister Michel Sapin also joined the meeting without prior announcement of his attendance. Cameroon Tribune

Copyright © Africa 24 News. All rights reserved. Distributed by Africa Metro Global Media (www.africametros.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

Africa 24 News publishes around multiple reports a day from more than 40 news organizations and over 100 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which Africa 24 News does not have the legal right to edit or correct.

Articles and commentaries that identify Africa 24 News as the publisher are produced or commissioned by Africa 24 News. To address comments or complaints, Please Contact Us.


No comments:

Post a Comment

Contact Form

Name

Email *

Message *