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207(CAPIC) aims at promoting growth and employ- ment at local level in accordance with the gui- delines of the Growth and Employment Strategy Paper (GESP). To this end, it enables to finance income-generating projects whose profitability enables the reimbursement of fun- ding. It is the perfect tool for the promotion of local economy.As for the Metropolis tool, it aims at supporting the development of the large cities in Cameroon. Destined for investment finance in the urban areas in order to meet specific needs, their resources are granted as cash advances. As for Intercom, it is a tool for the promotion of coope- ration and intercommunal solidarity, a framework within which groupings of Councils can receive a funding with a reduced interest rate over a lon- ger repayment period. Through these tools, 1480 projects in various fields estimated at 145 567 424 265 CFA francs have been funded in 369 Councils and Urban Councils during the period from 2007 to 2015. During the same period, the body paid back an overall amount of 41 573 556 726 to municipalities as council taxes submitted to equalization.A LEVER OF RESOURCE MOBILIZATION FOR COOPERATIONThe need for funding some Communities in Cameroon is huge and, significant resources theybenefit from the State remain insufficient. The reform that took place in May 2006 now allows FEICOM to seek funds both from the international cooperation and other national donors. FEI- COM’s resources therefore serve as a lever to increase its capacity to meet municipal needs. The activity is already being carried out success- fully and has enabled the development of various programmes.Therefore, the Drinking Water Supply and Sanitation Programmes in Semi-Urban Areas (ACAP-MSU) and Rural Areas (PAEPA- MRU) have been set up thanks to a funding by the ADB, and a consideration from the councils by FEICOM. The PAEPA-MRU, with 4 regions under its coverage, is funded by a grant from the Rural Water Supply and Sanitation Initiative of an amount of 3,520 million CFA francs in 117 Councils. 528 million CFA francs was pro- vided by FEICOM for the Councils’ considera- tion. The PAEPA-MSU meanwhile has to do with 19 cities and receives a funding of 30.648 bil- lion CFA. The consideration by the Councils provided by FEICOM amounts to 749 181 400 CFA francs.The FEICOM - Medium-sized Cities Decentrali- zation Programme (PDFVM), as for it, is jointly carried out with the KfW; it is a fruit of the German-Cameroon cooperation, which receives funding of 10 billion CFA F by the KfW. It aims at improving citizen participation and people's access to basic services in the Councils of at least 30 000 inhabitants. Launched in 2014 for a period of 5 years, it covers the Centre, Far- North, West and South-West Regions and includes 3 components: funding to economic and social infrastructure, support to Councils in achieving the said infrastructure and capacity building of FEICOM in the funding and support to local development.As for the Programme for the Construction of Municipal Cities (MCCP), jointly carried out with the Crédit Foncier of Cameroon (CFC), it was established as part of the partnership agreement between the CFC, FEICOM and the CVUCs for the development and the promotion of housing in the Councils. To do this, the CFC has opened a credit line of 10 billion CFA francs at FEICOM. It is a newly opened win- dow to FEICOM for Councils whose primary objective is to contribute to the absorption of the housing deficit in the secondary cities and, hence the settling process of the public sector’s employees and economic operators.To date, FEICOM’s action, more than ever aims at the satisfaction of Councils and effective sup- port to the local decentralized authorities towards emergence in accordance with the course set by the Head of State when the 40th anniversary of the institution was celebrated nWater supply, a priority for FEICOMLES ATOUTS ECONOMIQUES DU CAMEROUN

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