{"id":31706,"date":"2024-12-17T14:52:47","date_gmt":"2024-12-17T14:52:47","guid":{"rendered":"https:\/\/sotnews.agency\/?p=31706"},"modified":"2024-12-17T14:59:12","modified_gmt":"2024-12-17T14:59:12","slug":"central-african-leaders-meet-for-critical-economic-summit","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=31706","title":{"rendered":"Central African Leaders Meet for Critical Economic Summit"},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>1 Minute, 0 Second                <\/div>\n\n            <\/div><p>News Ghana, Latest Updates and Breaking News of Ghana, Xinhua, https:\/\/newsghana.com.gh\/central-african-leaders-meet-for-critical-economic-summit\/<\/p>\n<p><strong>An extraordinary summit of leaders of the Economic and Monetary Community of Central Africa (CEMAC) opened in Cameroon\u2019s capital Yaounde on Monday.<\/strong><\/p>\n<p>The meeting will examine structural socio-economic reforms implemented since 2016 and map out fresh economic and reform plans for the sub-region, according to a statement by CEMAC.<\/p>\n<p>\u201cSome countries in the sub-region have not implemented the recommendations and commitments for their economic and monetary stability adopted in 2016 and this is causing disruptions. That\u2019s why this meeting is very important to avert any situation that could plunge the economy further into difficulties including devaluing the currency,\u201d Paul Djomou, a Cameroon economist, told Xinhua.<\/p>\n<p>Recently, Bank of Central African States warned that, although economic growth in the sub-region is positive, it remains sluggish with inflation level above thresholds.<\/p>\n<p>CEMAC is made up of six countries including Gabon, Cameroon, the Central African Republic, Chad, the Republic of the Congo and Equatorial Guinea.<\/p>\n<p> News Ghana, Latest Updates and Breaking News of Ghana, Xinhua, https:\/\/newsghana.com.gh\/central-african-leaders-meet-for-critical-economic-summit\/<\/p>        <div class=\"booster-block booster-reactions-block\">\n            <div class=\"twp-reactions-icons\">\n                \n                <div class=\"twp-reacts-wrap\">\n                    <a react-data=\"be-react-1\" post-id=\"31706\" class=\"be-face-icons un-reacted\" 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