DR. LOUIS MARIE KAKDEU CONDEMNS CAMEROON AND CONGRATULATES CAR CRYPTOCURRENCY ECONOMIC MOVE

DR. LOUIS MARIE KAKDEU CONDEMNS CAMEROON AND CONGRATULATES CAR CRYPTOCURRENCY ECONOMIC MOVE

N Melo
by N Melo
May 31, 2022 0

DR. LOUIS MARIE KAKDEU CONDEMNS CAMEROON AND CONGRATULATES CAR CRYPTOCURRENCY ECONOMIC MOVE

Dr. Louis Marie Kakdeu on Cryptocurrency: “the CAR will very quickly become a showcase for Africa”
Dr. Louis Marie Kakdeu on Cryptocurrency: “the CAR will very quickly become a showcase for Africa”

The economist also returns to the last bond issue carried out by the Minister of Finance in our country.
Among our colleagues from ABK Radio this Tuesday, May 31, 2022, Dr. Louis Marie Kakdeu, economist comments on the last bond loan carried out by the State of Cameroon in the Central African sub-region. “ The Minister of Finance presents the loan of 235 billion FCFA as a very big victory. Nope ! You can’t be the treasurer and go around the world to borrow money to let future generations pay, it’s irresponsible ,” comments the economist.


For the latter, there is no question of congratulating himself on a new debt. “ You can’t congratulate yourself on being in debt. We borrow to build infrastructure and boost the country, which is not the case in Cameroon. The Minister of Finance as financier should be celebrated not for his ability to borrow money internationally but for his ability to create wealth ,” explains the academic.

“The analysis of the political crisis in 9 points through the prism of current events in the SDF and the FPI” – Tribune of Dr. Louis-Marie Kakdeu
Rwanda
For the teacher at the University of Maroua, we leave 480 billion FCFA in a phantom line to borrow 235 billion; all of that is debatable. He congratulates in passing, the RCA. “ We won’t grow if we don’t have monetary independence; what the Central African president is doing is the way. The CAR will very quickly become a showcase for Africa, this is the case of Rwanda ”, he comments.

“ Line 94 is a slush fund to finance things that are strictly personal interests. No one can say exactly what this slush fund is for. Line 94 is a line that is of absolutely no use to the economy. Debt is one of the main ways to finance the economy, which is problematic. In Cameroon it has become the only way, but we must also create wealth so that the loan comes to complete, otherwise we become eternal assisted “, added on ABK Radio Dr. Louis Marie KAKDEU.

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