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  • Dibussi Tande

    This weblog is based on DIBUSSI TANDE's personal views on people, places, issues and events in Cameroon, Africa and the world - Citizen Journalism at its finest!

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« What is the Future of the FCFA Zone in West and Central Africa? Part II: The Maastricht Treaty and the CFA ZONE | Main | The Bibi Ngota Award for Journalism Against Impunity in Africa Launched »

December 23, 2011

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Tanto Sammy

I am not an economist to understand all of this, but i appreciate his courage to give us the other side of the story from an intellectual point. Such write ups should be encouraged and well publicized. The majority of our opposition parties are mere loudspeakers for populist or vote-winning ideas even when these ideas will be bad for the country. Thanks very much doctor, i promise you a liter of nsha for that is all i have.

Roland Ngong

When will we learn? When will we be allowed out of this French cocoon? When will be allowed to make our own mistakes and grow or become mature from our experience?

50 years after independence, 60 percent of our foreign currency reserves still need to be kept and managed by France. Then I ask, at what time in the existence of Cameroon will we be considered ready and fit to take care of ourselves.

I look at some other African countries like Mauritius, Ghana, Botswana even Ethiopia which have their own currencies and are experiencing double-digit growth, I am again compelled to ask what makes them any different from Cameroon. Compared to any of those countries, Cameroon is more heavily endowed with natural resources and skilled and qualified manpower to outperform them, yet we are still stuck in 3 to 4 percent. It may even be worse this year.

My conclusion: management is the problem not the chaos and inflation coupled with the risks inherent in uncertainty. Our reserves should be managed by us. We will learn from our experience - good or bad.

DANGO TUMMA

THE WRITER DOESNT KNOW WHAT HE IS TALKING ABOUT, HE SHOULD LEARN TO SEE OUT OF THE BOX, THE FRENCH MANS BOX
CAMEROUN WOULD BE BETTER OFF IF IT HAVE ITS OWN CURRENCY, JUST AS SOUTHERN CAMEROONS. NO INDEPENDENCE WITHOUT A CURRENCY ,THUS ECONOMY.

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