The World Bank Warns Cameroon Against Lavish Spendings In its latest report on Cameroon, the world banks says Cameroon spends 8.7% of its public investment budgets on receptions, missions fuelling and other external services as against the resources which could be directed to social sector development, hence maintaining it on a low human development index. The world bank report compares Cameroon’s level of social investment to those of African countries with comparable level of development. It notes that Cameroon allocates 1.2% of its Gross Domestic to the health sector meanwhile countries like Senegal placed on the same level of development with her, allocates 2.4% to this sector, Ivory Coast with 1.7%, Kenya 3.5% and Ghana with 2.5%. With regards to public investment in the health domain, the World Bank highlights that Cameroon witnessed a drop from 6.2% of the state budget dedicated to health in 2010 to 5.2% in 2016, considered as the lowest in Africa. The Briton wood...
Comments
Post a Comment