This information was revealed on March 31 in Yaounde, during a meeting chaired by the Minister of Water and Energy, Basile Atangana Kouna.
The State of Cameroon, through its public administrations, has to settle a slate of 38 billion CFA francs, representing the unpaid bills of water to be settled with Cameroon Water Utilities Corporation (Camwater), public company in charge of infrastructures and Camerounaise des Eaux (CDE), a private company responsible for the distribution of water.
“This large stock of arrears, we have presented it to the authorities. Instructions were given by the highest hierarchy to move towards the progressive clearance of this debt. In addition to these very high-level instructions, we also initiated a request to the Minister of Finance to go towards the purchase of the Camwater receivables by one or more financial institutions of the place, “said Alphonse Roger Ondoa Akoa, general manager of Camwater.
According to the magazine Investir au Cameroun which reported this information on Monday, Ondoa Akoa remained vague over the period during which the State has accumulated unpaid bills of 38 billion FCFA. “I talked about the reform of the sector, so it goes back some time,” he merely pointed out. But, according to the magazine, it is in 2008 that the Government of Cameroon has embarked on a reform of the sector. That is about nine years.
Nevertheless, the Minister of Water and Energy reassured by stating:
“Several actions continue to be taken first at the governmental level, notably to clear the debt of the State, Settlement of the balances of the State-Camwater-CDE cross-debt agreements, the payment of the investment subsidy allocated to Camwater, and the catching-up of government water consumption payments “.