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52LES ATOUTS ECONOMIQUES DU CAMEROUNSUB-DIVISIONSThe Sub-divisions are administrative districts immediately below the divisions. The Sub-division is led by the Sub-Divisional Officer, high ranking official appointed by decree of the President of the Republic. Under the direct authority of the Divisional Officer, the Sub-Divisional Officer is responsible for enforcement of law and order, regulations and Government decisions and supervision, facilitation, coordination and control of business utility settled in their Sub-division, except of those of justice.MUNICIPALITIESMunicipalities are governed by Law No. 74/23 of 5th December 1974 and further amendments. Cameroon has three hundred thirty municipalities divided into several categories: rural municipali- ties, urban municipalities and urban councils. Each municipality is headed by a governing body referred to as Municipal Council composed of councilors elected whose numbers are set by law according to the municipal population and by an executive body which is the Mayor elected to the municipal council or the Government dele- gate appointed by the President of the Republic. Municipal councils have a term of five years. The last municipal elections were held on 22thJuly 2007. And voters were convened to the polls on October 26th 2008 in the municipalities of Mogodé, Pette, Matomb, Bana, Bafang and Douala V for partial municipal.FEICOMLaw No. 74/23 of 5th December 1974 on the municipal system in Cameroon has originality. It creates a fund, called FEICOM designed to sup- port municipalities and municipal or inter munici- pal investment works.FEICOM, also known since the year 2007 as BANK OF MUNICIPALITIES, aims to provide the necessary financial support to the promotion of investment, serves as controller of the communal management of cash advances and financial advice. It settles costs of training of municipal staff and municipal magistrates. Administered by a management committee, FEICOM is an essen- tial tool for rational communal action.DECENTRALIZATIONDue to its complexity, the officials of the Ministry of Territorial Administration and Decentralization pro- pose two definitions of the decentralization concept.«It is not self-reliance; neither is it a federation." In contrast, it is "more a process than a reform. It is a development form that leans on local potential.What is aimed at in short, through decentraliza- tion is not a fragmentation of the State which is unitary in form; but organizing opportunities given to grassroots, to drive their development.For example, the decision to construct a building for the Pette public school in the Far North, or to drill a well in Campo in the South, will no longer be taken in Yaoundé.The State will give to local authorities, who know better their territory and their needs, the means to do so. Skills will be transferred to them in various fields (economic, social, cultural, sports). They are not however given the power to make laws or regulations, or to take initiatives in the exclu- sive domain of the State.Section 55 of the Cameroon Constitution defines the two major decentralized authorities: legal per- sons of public law decentralized local collectivities enjoying administrative and financial autonomy in the management of regional and local interests. They are freely administered by elected councils.These councils have the task of promoting the eco- nomic, social, health, educational, cultural and sports activities in these communities. The organi- zation, functioning and financial regime of local decentralized Government are determined by law.A MAJOR POLITICAL CHANGEWith the enactment of three laws on decentrali- zation on 22th July 2004, one on decentraliza- tion policy, the two others on setting respectively the rules applicable to councils and regions, Cameroon is resolutely committed to a dynamic development of local potential that involves multi- ple actors and with a positive impact in the medium and long term.Ngaoundere City Hall

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