N’djamena (National Times)-Leaders of the Central African Monetary and Economic Community (CEMAC), meeting at the 14th ordinary session of the six member states appointed Cameroon’s Head of state, Paul Biya President of the economic block.
Even though represented by Prime Minister, Chief Dr Joseph Dion Ngute, Paul Biya was however felicitated by his peers for the progress he has made in the Regional Economic Rationalisation programme which was placed under his Chairmanship.
Paul Biya takes over from Chadian leader, Idriss Deby Itno, who has presided over the destiny of CEMAC for the past two years. Having been appointed President, the next CEMAC summit was also announced for the Cameroonian capital city, Yaoundé as stated in the final communiqué which National Times News obtained a copy.
It is to be noted that Biya rarely attends CEMAC Heads of State meetings and is always represented by the Prime Minister.
This March session is the first being attended by newly appointed Prime Minister Dion Ngute. In the past, Philemon Yang, was a familiar face to the Heads of State since Paul Biya was always absent.
The N’djamena summit was attended by three Heads of State including Idriss Deby Itno of Chad (host), Faustin Archange Touadera of Central Africa, Denis Sassou Ngeusso of Congo while the three other countries; Cameroon, Gabon and Equatorial Guinea were represented by the various Prime Ministers.
The leaders also welcomed with cheers the news of the safe return from Morocco of the Gabonese leader Ali Bongo.
They also adopted the Common Emigration Politics aimed at facilitating the free movement of goods and persons within the Sub Region. The summit was focused on the dire economic situation of members of the Sub Region as well as the growing unpopularity of the CFA Franc.