FCFA 6 Billion Budget for Limbe Council in 2014
The sum was adopted by senior councilors during the 2nd ordinary session of the Council. The City of Limbe, chief town of Fako Division in the South West Region will witness a transformation in terms of socio-economic infrastructure aimed at improving the welfare and living conditions of its population. The embellishment drive to transform Limbe into a modern city shall be realized with the FCFA 6 billion budget for 2014 financial year which was adopted on December 23, 2013 by Senior Councillors of the municipality in the presence of the Senior Divisional Officer for Fako, Georges Zang III. While presenting the draft budget for adoption, the Government Delegate to the Limbe City Council, Motanga Andrew Monjimba, stated that the 2014 budget has witnessed an increase of FCFA 500 million in absolute terms and 9.09 percent in relative terms compared to that of 2013 budget that stood at FCFA 5.5 billion. Mr. Motanga said 43.98 percent of the budget is dedicated to inv...