UN GATE, Jan 21 –
After Inner City Press
repeatedly asked UN Secretary
General Antonio Guterres and
his spokesman about Cameroon's
Internet cut-off and abuses,
the UN's answer after its
Resident Coordinator was shown
to block the Press and then
left for the Central African
Republic was that the UN
Office on Central Africa
(UNOCA) envoy Francois
Lounceny Fall would be
visiting. This turned out to
be misleading like so much
with today's UN system, which
since July 5, 2018 has banned
Inner City Press for covering
the UN's Budget Committee and
the deal UNSG Antonio Guterres
is said by sources close to
him have made with Cameroon as
chair of the committee (Fox
News story here,
GAP blogs I
and II).
Now on 21 January
2020 the IMF is doling out yet
another $76.1 million to
Biya's government without
mentioning his killings in SW
and NW nor that he lives, on
the cash, in Geneva. Here's
from the announcement: "The
Executive Board of the
International Monetary Fund
(IMF) today completed the
fifth review of the
arrangement under the Extended
Credit Facility (ECF) for
Cameroon. The completion of
the review enables the
disbursement of SDR55.2
million (about US$76.1
million), bringing total
disbursements under the
arrangement to SDR427.8
million (about US$590
million). The Executive
Board also approved the
authorities’ request for a
waiver of nonobservance of the
continuous performance
criteria on the
non-accumulation of new
external payments arrears,
based on the corrective
actions taken by the
authorities. Cameroon’s
three-year arrangement was
approved on June 26, 2017 for
SDR 483 million (about
US$666.1 million, or 175
percent of Cameroon’s quota—
see Press Release No.17/248 ).
The arrangement aims at
supporting the country’s
efforts to restore external
and fiscal sustainability and
to lay the foundations for a
more sustainable, inclusive
and private sector-led
growth. Following the
Executive Board discussion,
Mr. Mitsuhiro Furusawa, Deputy
Managing Director and Acting
Chair, made the following
statement: "Cameroon’s
performance under the
ECF-supported program has been
mixed. All end-June 2019
performance criteria have been
met but four out of the five
indicative targets for
end-June were missed.
Structural reforms are
advancing but with
delays. "Cameroon is
supporting the CEMAC’s
regional external and
financial stability through
fiscal consolidation and
enforcement of foreign
exchange regulations. It will
be important to also fully
align the new Petroleum Code
with the BEAC’s foreign
exchange regulation.
"Staying the course on fiscal
consolidation is essential for
building fiscal and external
buffers. The authorities are
encouraged to broaden the
non-oil revenue base, reduce
discretionary tax exemptions,
combat tax fraud and evasion,
and enhance tax and customs
administration. Completion of
the Treasury Single Account
reform and reduced recourse to
direct interventions and
exceptional spending
procedures will help improve
cash management and budget
execution and strengthen
fiscal transparency and budget
credibility. "Urgently
addressing financial and
fiscal risks associated with
the National Oil Refinery
(SONARA) is critical. SONARA’s
corporate restructuring should
be based on a thorough
cost-benefit analysis of all
available options. The planned
audits of four large
state-owned enterprises (SOEs)
and the clearance of
government cross-debts with
state-owned enterprises and of
government arrears will help
mitigate contingent
risks. "Cameroon is at
high risk of debt distress. To
safeguard debt sustainability,
it is important to strictly
adhere to the disbursement
plan for
contracted-but-undisbursed
loans and to limit
nonconcessional borrowing to
macrocritical projects for
which concessional financing
is not available.
"Enhancing the business
climate and governance is key
to promoting private
sector-led and inclusive
growth. Bold actions must be
taken to strengthen contract
enforcement, improve
compliance with the Extractive
Industry Transparency
Initiative (EITI)
recommendations and AML/CFT
standards, reduce
nonperforming loans, and
resolve ailing banks. Further
steps to diversify the export
base and enhance investment
efficiency remain essential to
unlock Cameroon’s growth
potential. "Cameroon’s
program continues to be
supported by policies and
reforms by the regional
institutions in the areas of
foreign exchange regulation
and monetary policy and a
recovery in regional net
foreign assets that is
critical to the program’s
success." Reforms? Biya lives
in Geneva and has journalists
beaten up there. This is a new
low for the IMF. UNreal.
Previously the
IMF published a report on
Cameroon, including touching
on the economic impact of the
"anglophone crisis." The IMF
report states: "The current
anglophone crisis takes its
roots in Cameroon’s
unification in 1961. The 1972
constitution replaced
federalism with a unitary
state. Throughout the years,
the anglophone population,
which resides mostly in the
north-west and south-west
regions and account for 20
percent of Cameroon’s total
population of 25 million, has
demanded more autonomy and
rights, while the state has
become increasingly
centralized. They founded the
largest opposition party
(Social Democratic Front) in
the 1990s.
The crisis has escalated to an
armed separation movement with
rising humanitarian costs. The
crisis started in October 2016
with strikes by lawyers and
teachers and was followed by a
boycott of schools, protests
and ghost towns. It
subsequently morphed into an
armed movement for
independence marked by
violence on both sides, which
escalated in recent months to
killings and detentions,
burning and looting of
villages, and kidnappings of
government officials and
civilians. Despite a heavy
military presence, the
insecurity has spread leading
to rising humanitarian costs.
The United Nations’ Office for
the Coordination of
Humanitarian Affairs estimated
that more than 20,000 people
have fled to Nigeria, and
160,000 have become internally
displaced persons (IDPs). This
adds to the burden from
340,000 refugees from Nigeria
and the Central African
Republic. The United Nations
High Commission for Refugees
estimates that the cost of
assisting refugees and IDPs in
Cameroon has risen to US$87
million, of which only US$15
million are funded. Anecdotal
evidence suggests that the
anglophone crisis is taking a
toll on the economy. A
rigorous quantification is
difficult because of lack of
adequate data. However, real
exports of coffee and cocoa,
grown mostly in the anglophone
areas, have decreased by about
10 percent in 2017. Coffee
export volumes further
declined by 72 percent in the
first quarter of 2018 (y/y).
Tax revenues decreased by 8–9
percent in both regions in
2017 compared with 2016, due
to lower economic activity and
difficulties to collect taxes.
Additional security expenses
amounted to 0.4 percent of GDP
in 2017 and at least 0.2
percent of GDP in 2018."
While the UN
Security Council visited
Cameroon during the 94 day
Internet cut off and said
nothing publicly about it (but
see below), Inner City Press
has obtained and has
exclusively published
on Patreon and now Scribd,
here Cameroon's "Urgent
and Confidential" letter to
the UN Security Council, about
weapons. On May 23, 2018 -
before being roughed up and
banned from the UN -- Inner
City Press went to the New
York event for Cameroon's
"National" Day, which was
boycotted in the Anglophone
regions of the country. In New
York, however, UN Deputy
Secretary General Amina J.
Mohammad and Antonio Guterres'
Chef de Cabinet Maria Luiza
Ribeiro Viotti attended, along
with French Permanent
Representative to the UN
Francois Delattre, Burundi's
Albert Shingiro and others.
Video here.
Periscope
inside was not possible due,
ironically, to a lack of
Internet. There were toasts in
French for Chantalle Biya and
for the UN officials; on the
way out UN staffers told Inner
City Press it was sure to
criticize them. What matters,
as always, is what happens
going forward. Italy is a
member of the Security Council
this year, and on the morning
of May 18 including in light
of Italian President
Mattarella's meetings this
year with Cameroon's 34 year
president Paul Biya, Inner
City Press asked Italy's
Mission to the UN: "your
Mission was part of the
Security Council's trip
including to Cameroon earlier
this year, during the
country's 94-day Internet shut
off to millions of people in
the Northwest and Southwest
(or Anglophone) regions. The
IMF, for what it's worth, told
Inner City Press the
government's Internet cut off
is among other things a
financial risk in 2017. Could
you comment on your Mission's
aware of the issue, during the
Security Council visit to
Cameroon and since, and on
whether you believe the
Secretary General and DPA, as
a matter of prevention of
conflict, may have a greater
role to play in this
long-standing, UN-related
conflict or dispute?" Eight
hours later, the Italian
Mission's spokesperson
Giovanni Davoli replied on
Cameroon that "the situation
you are mentioning was not in
the agenda of the UNSC
visit."Corruption.
***
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