As the world battles under the yoke of the new coronavirus, call it Covid-19, that is wreaking havoc on lives and livelihoods across the globe, Cameroon's Head of State believes concerted efforts are more than ever needed for the economy to remain buoyant after all.
In his unprecedented address to his fellow compatriots on Tuesday May 19, 2020 on the eve of the 48th National Day, President Paul Biya said already bad effects of the dreaded pandemic could even be catastrophic on the national economy if serious care is not taken and urgently too.
Drawing the population's attention to the negative consequences of the pandemic on the local economy, the Head of State said, "Today, we are facing new challenges resulting from the collapse of stocks, falling commodity prices and unexpected sharp decline in trade."
Added to the list of expenditures is the Head of State's multifaceted decision to cushion the effects of the pandemic on the national economy.
Success in safeguarding irreplaceable human lives and maintaining the national economy above the gloomy waters should be that of the entire population.
