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Cameroon: Companies record more than 5 billion losses

23/03/2022
Source : ORISHAS FINANCE
Categories: Index/Markets

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The Interpatronal Grouping of Cameroon says that the national economy recorded 3139 billion FCFA, or 5.2 billion dollars of loss. The turnover deficit of 26% year-on-year reflects the ambient gloom that affects almost all production sectors. All this would be due to the difficult situation on the international level enamelled by various crises in particular the Covid-19 pandemic has negative repercussions on the Cameroonian economy.

For the different sectors, the repercussions are almost identical, marked among other things by additional production costs, supply difficulties and the unavailability of certain products, pressure

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