The Minister of Finance, Louis Paul Motaze told his collaborators in Yaoundé during their Annual Conference
The Annual Conference of senior officials of the central and external services of the ministry of Finance took place at the Yaoundé Conference Center under the auspices of the minister of Finance, Louis Paul Motaze.
For two days, the participants drawn from all the sectors that makes up the ministry met and deliberated on the theme: “Fiscal consolidation and economic recovery in a context to speed up the implementation of decentralization”.
The opening ceremony, Thursday January 30th was chaired by the Minister delegate to the Minister of Finance, Yaouba Abdoulaye who sat in for Minister Louis Paul Motaze unavoidably absent. The Minister delegate invited the participants to concentrate their efforts in mapping out strategies that would help facilitate the implementation of the decentralization process in Cameroon.
During the annual conference, special attention was given to tax collection, its centralization and distribution. Tax officials from the Ministry of Finance were cautioned against fraudulent tax deals with tax payers while tax payers on their part were invited to respect their commitments towards the state of Cameroon.
President Paul Biya in his address to the nation last December 31 said “We must consider such recovery an overriding obligation that will mobilize all our energies. Accordingly, it requires not only improving the living conditions of Cameroonians, but also ensuring the peaceful exercise of democratic rights”
Speaking at the closing ceremony of the annual conference, Minister Loius Paul Motaze said the conference is holding at a time when the country is faced with financial, economic and security challenges but is not enough reason to slumber. It should rather be a wakeup call.
The Finance Boss acknowledged the fact that Cameroon has succeeded to maintain a stable economic growth despite the global challenging economic situation.
The year 2020 according to the financial family is going to be a stepping stone to achieving the principal economic objective of the country which is becoming an emerging country by 2035 as president Paul Biya reiterated in his end of year message to the nation, Dec 31, 2019, “Our goal remains to become an emerging economy by 2035. However, with the unstable global context and tensions that are jeopardizing trade, we may need to redouble our efforts to maintain our country on the path of sustainable economic recovery. I believe we can do it”
The annual conference ended with the ceremony to officially present New Year wishes to the Minister and Minister Delegate by the entire Finance family.