An extraordinary summit of the central African economic and monetary community (CEMAC), opens today October 25 in the Chadian capital Ndjamena.
Cameroon’s Prime Minister and Head of Government Philemon yang will represent the Head of State who also doubles as the President elect, Paul Biya at the event.
Representatives of the CEMAC bloc comprised of Cameroon, Central African Republic, Gabon, Chad, Congo and Equatorial Guinea will make up participants at the summit.
The representatives will among other issues evaluate the level of implementation of the economic and financial reforms set by heads of states f Cemac member countries, in order to tackle the economic crunch plaguing the sub region.
The measures are pecked on five pillars which include Fiscal policy, monetary policy and financial systems, structural reforms, regional integration and international cooperation.