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…

Border reopening: the European Union "can do better", concedes the Secretary of State for Tourism

The European Union "can do better" to find a common policy of reopening the post-containment borders, recognized Jean-Baptiste Lemoyne, the Secretary of State for Tourism, Saturday May 16 on France Inter. Spain has imposed since Friday May 15 a systematic quarantine of people arriving from abroad, France threatens to take the same measure in response. In addition, Italy announced the reopening of its borders to visitors from the European Union on June 3.

Border reopening: the European Union "can do better", concedes the Secretary of State for Tourism

I understand that our Italian neighbors want to restart the tourism economy with the European engine, but we are still at a time when we are killing several dozen dead every night. said by Jean-Baptiste Lemoyne, Secretary of State for Tourism at France Inter

"We must not forget, we are still in the time of the struggle to roll back the epidemic, recalls Jean-Baptiste Lemoyne. The virus does not take a vacation", he insisted.

The reopening of the borders "must be concerted at European level", estimates Jean-Baptiste Lemoyne, who announces a meeting next Tuesday "between all the ministers of Tourism of the European Union, to put all the subjects on the table".

"Nothing would be worse than a relapse"

Regarding the French calendar, "it is the health situation that will control decisions". "There are decisions that will be taken around May 25-28 in order to see what are the terms of the tourist activities that we reopen more widely from June 2". "Then, we will have another meeting 20 days later, between June 15 and 20 which will allow yet another adaptation," he said.

"Each time, we want to have the hindsight of how these phases of deconfinement go, because nothing would be worse than a relapse, than a second wave for the actors of tourism, warns Jean-Baptiste Lemoyne. If these people- there are preparing to finally find their beaks in the water because we are forced to back down, they will have incurred costs again, they do not need that right now. That explains our caution. "