Politics

National Assembly Adopts 2024 Settlement Bill, others.

by Mercy Fosoh
24 Nov 2025 15:29
1399 views

Finance minister during the plenary

The National Assembly has adopted three legislative texts following a plenary sitting held on November 18, 2025 at the Paul Biya Glass House.
The session, chaired by Deputy Speaker, Hon Datouo Théodore, focused on the general debate and adoption of Bill No. 2085/PJL/AN, Bill No. 2086/PJL/AN, and Bill No. 2087/PJL/AN.

Bill No. 2085/PJL/AN, the Settlement Bill for the 2024 financial year, outlines the execution of the State budget for the previous year. Initially set at 6,740.1 billion FCFA, the budget was revised upwards to 7,278.1 billion FCFA. The bill had earlier been presented and defended before the Finance and Budget Committee by the Minister of Finance, Louis Paul Motaze.

During the plenary session, the Minister of Finance addressed issues raised by members concerning the implementation of the national budget, the settlement of domestic debt, and the allocation of public investment across regions. He explained that the government acknowledges the challenges but, due to the prevailing economic difficulties, has had to prioritise certain sectors through selective resource allocation.

Bill No. 2086/PJL/AN, which ratifies Ordinance No. 2025/001 of 11 July 2025, introduced amendments to Law No. 2024/013 of 23 December 2024, the Finance Law for the 2025 financial year. The ordinance was enacted to adjust public spending in response to recent policy decisions, including increases in civil servant salaries and revisions to the guaranteed minimum wage. The Minister presented the bill to the Finance and Budget Committee and provided clarifications on its expected financial implications.

He also addressed broader socio-economic concerns, noting that the issue of poverty remains a key focus for the government. He emphasised that the phenomenon is not unique to Cameroon but is part of a wider global trend affecting many nations.

Bill No. 2087/PJL/AN ratifies Ordinance No. 2025/002 of 18 July 2025, which lays down investment incentives in Cameroon. The ordinance aims to modernise the legal framework for public and private investment, promoting strong, sustainable, and inclusive growth. It introduces fiscal, customs, and administrative facilities for new and expanding projects. The bill was presented and defended before the Finance and Budget Committee by the Minister of the Economy, Planning and Regional Development, Mr. Alamine Ousmane Mey.

This article was first published in The Guardian Post Edition No:3631 of Thursday November 20, 2025