Cameroon’s Finance Minister, Polycarpe Abah Abah, said last week that
the country’s plans to privatise and restructure state-run telco CamTel
are to be accelerated following approval by the international monetary
fund (IMF) of a three-year USD26.8 million loan under the Poverty
Reduction and Growth programme. The minister said that the privatisation
process for CamTel would be launched by the end of June 2006.
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