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The director of the World Bank confirmed Sonka



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The Rupee of 100 billion FCFA in cash, which Ousmane Sonko referred to at his press conference on Wednesday, May 29th, looks well-founded. Better, this was just confirmed by economic analysis by Abdoulaie Seck, the newly-appointed World Bank (VB) director in Cameroon.


$ 100 billion hole: World Bank Director confirms Sonka

This is explained by the socio-political context after the presidential election, the presumption of new or under-valued obligations. For example, a decision to clear off the debts of the trade unions in order to calm the social climate or to end investments on its own resources, done during the pre-election campaign and pre-campaigns with inaugurations, "explains the economic analyst.

However, the situation is far from alarming: "There are several short-term solutions, including an amended law on finance, the issuance of new loans on the market in combination with the revitalization of financial rules," pressafrik.com reported.

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