Three years ago, an IMF official at a press conference in Yaoundé said: “Cameroon spends more than it earns.
Encouraging huge debts is inevitable in such a situation. In a 2016 report, the World Bank ranked Cameroon as the most indebted country in Francophone Africa with an estimated public debt rate of more than 8 percent.
How is this money spent ?! Clearly not the improvement of the health system that is on its knees or create jobs for thousands of unemployed university graduates!
According to the website Kinnakablog.com , the first daughter of Cameroon lives alone in a house of 26,000 $ (about 15 million FCFA) the month, a mansion in California, she attends the University of California, Los Angeles, which costs An enormous sum of $ 60,000 (about 34.6 million FCFA) in tuition fees (that if it did not get a scholarship) and its transportation to $ 100,000 (about 57.7 million FCFA) class G Mercedes Benz.
According to a real estate agent, the house has a value of about $ 10,199,522 (about 5.8 billion FCFA) if the Biya family wanted to buy and Brenda Biya has allegedly lived there since 2014. It might be interesting to note that this Are only its basic needs. Do the math!
Look at the pictures of the house below: