Wednesday, 22 November 2017

President Biya Increases 2018 Elections Budget From 35 Billions to 50 Billions of F CFA

The Head of States President Paul Biya has instructed the annulment of some aspects of the 2018 budget, like the collection of property tax  by  electricity distribution companies.

In the document below from the Office of the Minister Secretary General at the Presidency to office of the Secretary General at the Prime Minister's office, President Biya instructed the National Assembly to adopt the bill increasing the stamp duty at the Airport  from 10 000F CFA to 25 000F CFA on all International flights.

The Head of State also instructed that the budgets for the 2018 elections be increased from 35 Billions to 50 Billions F CFA.

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