Public corporations

Public Corporations Finance Ministry streamlines salaries, allowances for Board Chairs, DGs By Ndumbe Bell Joseph Gaston in Douala The Ministry of Finance has ordered a sharp streamlining in the remuneration of Managing Directors, Deputy Managing Directors, Board Chairpersons and Board Members of public corporations and public institutions across Cameroon. The new directive targets 5 categories of state-owned enterprises to cut wastage. The measure, contained in new directives implementing the 2019 decrees on public enterprises, reorganizes all 112 public corporations and establishments into five main categories based on their turnover and average budget over the last three fiscal years. The category…