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The director of the World Bank confirmed Sonka



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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