Yesterday 21 March 2019, The Minister of Small and Medium-Sized Enterprises, Social Economy and Handicrafts (MINPMEESA) defended the Draft Bill governing Social Economy in Cameroon before the Economic Affairs Commission of the National Assembly,
\nThis text, which was to be adopted by the committee members with regards to the
\nconcerns raised, would help to fill the legal vacuum of the MINPMEESA\u2019s third pillar<\/p>\n
which is Social Economy It is made up of twenty-two (22) articles spread out in six (6) chapters. Henceforth, the three major MINPMEESA sectors of intervention shall be given a legal framework. The main objective of this Draft law is to adopt a
\nGovernment policy which underlies the positioning and steering of social economy
\nactivities.<\/p>\n
MINPMEESA boss, in its presentation, clearly indicated that the adoption and
\nenactment of this legal instrument would enhance concerted and concentrated
\nactions, considering the scaling down of the budgetary lines in some administrations
\nmeant for giving material and financial assistance to Social Economy Organisations.
\nTo this effect, there was need for coordination. To be more concrete and practical,
\nthis Draft law shows Government's determination to orientate, organise, monitor and enhance the development of human being within his social group. It is also within a context marked by the ongoing decentralisation process with the devolution of large portions of powers to Regional and Local Authorities that this Bill is being scrutinised.<\/p>\n
This legal basis in the management of groups would enhance conformity to
\ninternational norms as far as social economy is concerned in keeping with
\nRecommendation 204 of the International Labour Organisation. This would facilitate easy transition from informal to formal economy. This is one of the major
\npreoccupations of the Head of State published in his book in 1987 entitled
\nCommunal Liberalism, which posits that Social Economy is the proper organisation
\nof entities, a major \u00ab springboard in enhancing a larger citizens' participation in the production of national wealth and deriving dividends thereof on a fair and solidarity basis\u00a0\u00bb.<\/p>\n","protected":false},"excerpt":{"rendered":"