Moving out of oil and fish imports can overturn Cameroon's fortune says, top UN official

Abstract

Cameroon can completely overturn its economic fortunes if it could get out of the grip of fish and energy oil importation, UN Under-Secretary General and ECA Executive Secretary Carlos Lopes has told the country’s Prime Minister – Philemon Yang. “Cameroon’s two biggest lines of imports are oil products [for energy] and fish – if Government can focus just on locally producing and transforming just these two main imports, the country would be catapulted to a great peak, with the right macroeconomic climate”, the visiting UN official told his host at an audience in the Star Building – Cameroon’s Prime Minister’s Office downtown Yaounde.