{"id":471699,"date":"2021-06-03T10:05:20","date_gmt":"2021-06-03T10:05:20","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=471699"},"modified":"2021-06-03T10:05:20","modified_gmt":"2021-06-03T10:05:20","slug":"cameroon-the-bank-of-municipalities-improves-its-figures","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/06\/03\/cameroon-the-bank-of-municipalities-improves-its-figures\/","title":{"rendered":"Cameroon: the bank of municipalities improves its figures"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The bank of municipalities, commonly known as the Special and Inter-municipal Intervention Fund (FEICOM), closed the past financial year on an upward trend, which allows it to position itself as an essential link in the decentralization process.<\/p>\n<p>Despite a difficult economic situation reinforced by the outbreak of the coronavirus pandemic, the data as of December 31, 2020 are positive with an overall turnover of 210 billion FCFA ($ 391 million) against forecasts of 175 billion, or an achievement rate of 120% in relative terms.<\/p>\n<p>Revenue increased by 32 billion in absolute value and 18% in relative value, which enabled the bank of municipalities to strengthen its preeminent role in the local development system. Thus, during the period considered, the equalization resources returned to the municipalities amounted to 108 billion, which represents an increase of 23 billion compared to the previous financial year and an increase of 27% in relative value.<\/p>\n<p>FEICOM, whose contribution is significant in the endowment of municipalities with infrastructure, has invested more than 26 billion for the benefit of around one hundred municipalities, which has enabled these Decentralized Territorial Collectivities (CTD) to acquire basic equipment promoting a better supervision of local populations.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The bank of municipalities, commonly known as the Special and Inter-municipal Intervention Fund (FEICOM), closed the past financial year on an upward trend, which allows it to position itself as an essential link in the decentralization process. Despite a difficult economic situation reinforced by the outbreak of the coronavirus pandemic, the data as of December<\/p>\n","protected":false},"author":536282,"featured_media":471700,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16158,11996],"tags":[12599,18616,18615,17838],"class_list":{"0":"post-471699","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-bank","8":"category-finance-en","9":"tag-cameroon-en","10":"tag-figures","11":"tag-municipalities-improves","12":"tag-the-bank","13":"post_format-post-format-aside","14":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cameroon: the bank of municipalities improves its figures - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2021\/06\/03\/cameroon-the-bank-of-municipalities-improves-its-figures\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cameroon: the bank of municipalities improves its figures\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2021\/06\/03\/cameroon-the-bank-of-municipalities-improves-its-figures\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-03T10:05:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2021\/06\/Feicom.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"320\" \/>\n\t<meta property=\"og:image:height\" content=\"158\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Albert Savana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Albert Savana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/03\\\/cameroon-the-bank-of-municipalities-improves-its-figures\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/03\\\/cameroon-the-bank-of-municipalities-improves-its-figures\\\/\"},\"author\":{\"name\":\"Albert Savana\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/12e2e10e56f65df0540cb842b7b0ce22\"},\"headline\":\"Cameroon: the bank of municipalities improves its figures\",\"datePublished\":\"2021-06-03T10:05:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/03\\\/cameroon-the-bank-of-municipalities-improves-its-figures\\\/\"},\"wordCount\":190,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/03\\\/cameroon-the-bank-of-municipalities-improves-its-figures\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/Feicom.jpg\",\"keywords\":[\"Cameroon\",\"figures\",\"municipalities improves\",\"the bank\"],\"articleSection\":[\"Bank\",\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/03\\\/cameroon-the-bank-of-municipalities-improves-its-figures\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/03\\\/cameroon-the-bank-of-municipalities-improves-its-figures\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/03\\\/cameroon-the-bank-of-municipalities-improves-its-figures\\\/\",\"name\":\"Cameroon: the bank of municipalities improves its figures - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/03\\\/cameroon-the-bank-of-municipalities-improves-its-figures\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/03\\\/cameroon-the-bank-of-municipalities-improves-its-figures\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/Feicom.jpg\",\"datePublished\":\"2021-06-03T10:05:20+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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