CEMAC zone: recession could reach 6% according to BEAC

All the indicators are certainly not red. But most of the economic indicators in the six countries of the Economic and Monetary Community of Central Africa (CEMAC) are already found the Monetary Policy Committee (CPM) of the Bank of Central African States (BEAC) at the end of the second annual session on June 24, 2020 in Yaoundé.

Analyzing the situation in Central Africa, it emerges that in the short and medium terms, the CEMAC zone is affected by the health crisis and the fall in the prices of the main export products. "

"In the first half of 2020, the revival of productive activities was slowed down in the sub-region by the disruption of supply circuits for imported products as well as by the restrictive measures adopted by the various governments to contain the effects of the pandemic. Although it is premature for the moment to fully grasp the impact of COVID-19 on national economies, it is already anticipated during this first semester a drop in production as well as a det…

Coronavirus: "no shortage" of food products and no rationing planned in France

The Minister of Economy assured this Sunday, March 15 that the "security of supply of food products" would be "guaranteed in the days and weeks to come". There is "no shortage in France". This was assured by Bruno Le Maire this Sunday, March 15. The Minister of Economy explains that the "security of food supply" will be "guaranteed in the days and weeks to come" despite the epidemic of coronavirus. Reassuring statements made at the end of a conference call with distribution and agrifood players.

Coronavirus: "no shortage" of food products and no rationing planned in France

Assuring that there was for the moment "no shortage" in France, he assured that there would be "no rationing" and that "90 to 95% of the references (would be) present" in the rays. The minister incited the French to responsibility. "We are counting on the responsible behavior of the French (...) so as not to rush onto the shelves and buy more than necessary," said Bruno Le Maire.

As a reminder since the announcements of Emmanuel Macron of incitement to telework and school closings, consumers are flocking en masse to the supermarket shelves which are emptying visibly. For fear of lack, the French make stocks. Images of empty pasta shelves and toilet paper have multiplied on social networks.

HS distributor sites due to the influx of orders
This fear of running out of food is not limited to supermarket shelves. To avoid having contacts, many consumers rely on online shopping. An influx of orders such as many retail chain sites planted these Thursday and Friday.