Page 10 - Atouts Economiques Cameroun-2019-GB
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EDITORIAL
                  LES ATOUTS ECONOMIQUES DU CAMEROUN
A CRUCIAL SEVEN-YEAR TERM
Widely acclaimed following the election on October 7, 2018, President Paul Biya took an oath before the national representatives that marked the beginning of a new term. It is clearly a crucial term in view of the importance and diversity of projects that challenge him and around which are crystallized the expectations of his people in the coming years. The ultimate objective is a substantial and constant improve- ment of the living conditions of the populations. It is not a secret that the Head of State had set himself the ambition of ceaseless work for Cameroon to eventually reach democracy and prosperity, with Man at the centre of his action. The solemn oath taking ceremony on 6 November 2018, showed the fullness and vita- lity of the country's institutional architecture, in full compliance with the Constitution of 18 January 1996. Legislative side, there is a bica- meral parliament - National Assembly and Senate - whose operating mechanisms progres- sively assert themselves.
On the frontispiece of the judiciary now holds the Constitutional Council, whose establishment is certainly recent, but which has succeeded a spectacular entry on the national socio-political scene, thanks to a masterful management of elec- toral disputes linked to the presidential election on 7 October 2018.
Incidentally, the particularly lively debates before the high authority were able to convince even
the sceptics of the undeniable rooting of the democratic process initiated by Paul Biya in the early 90’s. All things that suggest that the promo- ter of the New Deal is about to win eloquently the bet he had set himself a few years back in this field. There remains the fight for prosperity, which seems to be one of the most pressing prio- rities of the new seven-year term of office. It is about preserving and consolidating everything that has been achieved in previous years, in such a way to make the national economy more dyna- mic and competitive.
Such a development must be based on the com- pletion of major projects started under the pre- vious term. These include infrastructures, and in particular the hydroelectric dams designed to effi- ciently meet the energy demand of households and businesses, which create wealth and employ- ment. Another key sector is the road network, which needs to be densified in order to open up the production basins and streamline the transport and transit of goods. This should have substantial and sustainable impact on economic growth.
At this dual level, it can be noted that the Memve'ele dam, and its installed capacity of 211 megawatts, is entirely built to date. Complementary work in progress will make it

























































































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