REPUBLIC OF CAMEROON PEACE - WORK - FATHERLAND
ORDINANCE No. 2021/004 OF 29 DEC 2021 to amend and supplement some provisions of Law No. 2020/18 of 17 December 2020: Finance Law of the Republic of Cameroon for the 2021 financial year
THE PRESIDENT OF THE REPUBLIC,
Mindful of the Constitution;
Mindful of Law No. 2018/12 of 11 July 2018 relating to the fiscal regime of the State and other public entities;
Mindful of Law No. 2020/18 of 17 December 2020: Finance Law of the Republic of Cameroon for the 2021 financial year;
Mindful of Law No. 2021/10 of 21 June 2021 to ratify Ordinance No. 2021/2 of 26 May 2021 to amend and supplement some provisions of Law No. 2020/18 of 17 December 2020: Finance Law of the Republic of Cameroon for the 2021 financial year;
Mindful of Law No. 2021/16 of 9 July 2021 to ratify Ordinance No. 2021/3 of 7 June 2021 to amend and supplement some provisions of Law No. 2020/18 of 17 December 2020: Finance Law of the Republic of Cameroon for the 2021 financial year;
Mindful of Decree No. 2011/408 of 9 December 2011 to organize the Government, as amended and supplemented by Decree No. 2018/190 of 2 March 2018;
HEREBY ORDAINS AS FOLLOWS:
ARTICLE 1: The provisions of Section Forty-nine of abovementioned Law No. 2020/18 of 17 December 2020 are amended and supplemented as follows:
"PART ONE GENERAL CONDITIONS OF BUDGETARY AND FINANCIAL BALANCE III PROVISIONS RELATING TO THE BALANCE OF STATE BUDGET REVENUE AND EXPENDITURE CHAPTER FOUR OVERALL FINANCING AND AUTHORIZATIONS
SECTION FORTY-NINE (new): The Government is authorized to negotiate and possibly conclude during the 2021 fiscal year, under conditions safeguarding the financial interests of the State as well as its economic and political sovereignty, concessional and non-concessional loans of total amounts of CFAF 626 billion and CFAF 750 billion respectively;
"The rest shall remain unchanged"
ARTICLE 2: This ordinance shall be registered, published according to the procedure of urgency and inserted in the Official Gazette in English and French.
Yaounde, 29 DEC 2021
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