Senate: Legislators Receive Settlement Bill, Two Others
- Par Eulalia AMABO
- 20 Nov 2025 07:54
- 0 Likes
The Senior Vice President of the Senate, Aboubakary Abdoulaye chaired the plenary in which the three legal instruments were tabled on November 19, 2025.
Senators on November 19, 2025 received three bills during a plenary sitting chaired by the Senior Vice President of the Senate, Aboubakary Abdoulaye. The three bills, already adopted at the National Assembly include the Settlement Bill of Cameroon for the 2024 financial year, the Ordinance of July 11, 2025 to amend and supplement some provisions of the finance law of Cameroon for the 2025 financial year and the Ordinance of July 18, 2025 to lay down investment incentives in the country. This was immediately after a Chairmen’s Conference that deemed the legal instruments admissible, and it was presided at by the aforementioned lawmaker. In concrete terms, the Settlement Bill indicates that the State budget for 2024 was balanced in income and expenditure to the tune of FCFA 7,278.1 billion. It presents in details the amount generated by the State through various means and how it spent to improve the wellbeing of the population. Initially, the State budget for the aforementioned year stood at FCFA 6,740.1 billion, but was subsequently amended and increased by an Ordinance of the President of the Republic on July 11, 2025 to the abovementioned amount. Reasons advanced for the amendment include measures adopted by government to raise civil servants' salaries and the minimum wage in the country. To this effect, the document brought before legislators for examination provides details on the execution of the budget, covering the general budget, special appropriation accounts and the Public Investment Budget. Total revenue collected for the general budget stood at FCFA 5, 015.6 billion, compared to a forecast of FCFA 5,151.1 billion, representing an execution rate of 97.7 per cent. For special appropriation accounts, revenue collected was FCFA 42.4 billion, as against a revised target of FCFA 65.6 billion, representing an execution rate of 64.6 per cent. With regards to the Public Inve...
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