BEAC reorganises new monetary mechanism

By Ndumbe Bell Gaston In Douala The Central Bank of CEMAC countries, BEAC and other financial stakeholders, did meet in Douala to evaluate the rudimentaries of reinforcing a coherent mechanism to create a more lucrative financial fabric that will be flexible and acceptable to all their needs and also have acceptable international standards. To achieve these and other goals, members understudied some of the achievements of the 2014 recommendations which had as objective the harmonisation of CEMAC bank to bank markets, reshaping the balance sheet, and the prospects in the decades ahead. BEAC’s Abbas M. Tolli In the sitting that…