Economic Growth to Slow in Cemac Sub-Region in 2013

[Cameroon Tribune]Contrary to the initial projections that the rate of economic growth in the central African sub-region could attain 5.8 per cent in 2013, stakeholders have said the growth would instead slow. The Governor of the Bank of Central African States, BEAC, Lucas Abaga Nchama, has said economic growth in the sub-region is now envisaged at 4.1 per cent for 2013. The turnaround, he noted, is as a result of a projected decrease in petroleum products, one of the main exports of the sub-region and a reduction in public

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