Texte juridique · Communiqué final du sommet…

Le sommet extraordinaire des chefs d'État de l'Afrique centrale s'est tenu à Yaoundé le 22 novembre 2019 pour examiner la situation économique, financière et monétaire de la zone CEMAC. Les dirigeants ont salué la reprise macroéconomique, la reconstitution des réserves de change et les contributions des partenaires internationaux. Ils ont réaffirmé leur engagement en faveur de la consolidation budgétaire, de la réduction de la dette et de l'amélioration du climat des affaires. Ils ont…

EXTRAORDINARY SUMMIT OF THE CENTRAL AFRICAN HEADS OF STATE ON THE ECONOMIC AND MONETARY SITUATION IN THE CEMAC ZONE

COMMUNIQUE DECLARATION

YAOUNDE, 22 NOVEMBER 2019

At the invitation of His Excellency Paul BIYA, President-in-Office of the Republic of Cameroon, an Extraordinary Summit of Heads of State of Central Africa took place in Yaounde on November 22, 2019 at the Unity Palace.

The summit was aimed at examining the economic, financial and monetary situation in the CEMAC zone and analyzing the prospects of the economies of the Sub-region.

Ce Sommet avait pour objectif d'examiner la situation Economique, financière et monétaire dans la zone CEMAC et d'analyser les perspectives des économies de la sous-région.

The following took part in this meeting:

His Excellence Paul BIYA, President of the Republic of Cameroon;
His Excellency Faustin Archange TOUADERA, President of the Central African Republic;
His Excellency Denis SASSOU NGUESSO, President of the Republic Congo;
His Excellency OBIANG NGUEMA MBASOGO, President of the Republic of Equatorial Guinea;
His Excellency IDRISS DEBY ITNO, President of the Republic of Chad.
Mr. Julien NKOGHE BEKALE, Prime Minister of the Republic of Gabon; Representative of His Excellency ALI BONGO ONDIMBA, President of the Republic of Gabon;

The following also took part in these deliberations: Dr ADESINA AKINWUMI, President of the African Development Bank;

Prof. Daniel ONA ONDO, President of la Commission de la CEMAC;
Mr. ABBAS MAHAMAT TOLLI, Governor of the Bank of Central African States (BEAC).

Addressing the items on the agenda, the Heads of State and Government went through the report of their peers, the PREF-CEMAC President, HE. Denis SASSOU NGUESSO, the special communication of the President of the African Bank and the BEAC Governor's report on the monetary and financial situation and prospects of the Sub-region.

Following these presentations, the Heads of State and Government broadly shared on the state of the economies of the CEMAC countries. They examined the results obtained following the implementation of the common exit strategy adopted in 2016. Then they analyzed the economic, financial and monetary prospects of the community in a global

context strongly marked by geopolitical tensions, uncertainties and difficult economic environment.

At the end of these discussions, the Heads of State and Government have:

Commended the overall recovery of the macroeconomic situation in the CEMAC zone marked by the return to positive economic growth, inflation control, and the strong reduction in budget and account deficits.
Noted with satisfaction the replenishment of the Community's foreign exchange reserves, thus making it possible to preserve the exchange rate at a fixed parity of common currency and to a monetary adjustment.
Commended the financial and technical contributions of the IMF, World Bank, African Development Bank, European Union and France, which have significantly taken part in the success of the CEMAC economic recovery programme.