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EXTRAORDINARY SUMMIT OF CEMAC HEADS OF STATE VIA VIDEO CONFERENCE
THEME : "EVALUATION OF THE MACROECONOMIC SITUATION IN THE CEMAC ZONE IN THE CONTEXT OF THE COVID-19 PANDEMIC AND ANALYSIS OF RECOVERY MEASURES".
Yaounde, 18 August 2021
PRESS KIT
Website: www.prc.cm
CONTENTS
Sheet 1 : Issues of the extraordinary summit of CEMAC Heads of State Page 3
Sheet 2 : Economic, financial and monetary situation of CEMAC Page 6
Sheet 3 : The post-COVID-19 Community Recovery Plan Page 12
Sheet 4 : Major integrative projects in the CEMAC zone Page 14
Sheet 1
PRESS KIT
EXTRAORDINARY SUMMIT OF CEMAC HEADS OF STATE
Yaounde, 18 August 2021
ISSUES OF THE EXTRAORDINARY SUMMIT OF CEMAC HEADS OF STATE
The extraordinary summit of the Heads of State of the Central African Economic and Monetary Community (CEMAC) will be held via video conference on Wednesday 18 August 2021 (in the afternoon). The proceedings will be chaired by the President of the Republic, His Excellency Paul BIYA, current Chairman of the CEMAC Heads of State Conference.
The theme of this summit is: "Evaluation of the macroeconomic situation of the CEMAC zone in the context of the COVID-19 pandemic and analysis of recovery measures".
In addition to the six CEMAC Heads of State and the President of the CEMAC Commission, this extraordinary summit will be attended by the Managing Director of the International Monetary Fund (IMF), Ms Kristalina Gueorguieva, the President of the World Bank Group, Mr David Malpass, the President of the African Development Bank Group (AfDB), Mr Akinwumi Adesina, and the representative of the French Government.
Issues at stake
The various security, health, economic and socio-political crises facing CEMAC member countries have undeniable repercussions on the economies of the sub-region. The extraordinary summit could therefore have the following objectives:
- take stock of the situation since the outbreak of the COVID-19 pandemic in 2019 and the resurgence of security crises;
- assess the various measures implemented as part of the response to the pandemic and to respond to the economic, monetary and financial consequences linked to both COVID-19 and the economic crisis of 2016;
- agree on possible new measures to be taken, taking into account the current context characterised by the following fronts: security, health, economic, monetary, financial and social.
PRESS KIT EXTRAORDINARY SUMMIT OF CEMAC HEADS OF STATE Yaounde, 18 August 2021
Summit expectations
At the political level, CEMAC is called upon to mobilise at the highest level and to demonstrate its commitment to solidarity in dealing with crises.
At the security level, it is a question of reaffirming the commitment of the CEMAC Heads of State to peace and security and condemning the barbaric and criminal acts perpetrated by terrorist groups in the sub-region.