Cameroon: Liberalisation of foreign ownership ceilings in banking and residential property sectors
Description
According to the UNCTAD report, until March 2010 the government of Cameroon liberalised foreign ownership by increasing foreign ownership ceilings in the banking sector and in residential property.
The African Development Bank has pointed out in its report poor legal security of land ownership and difficult access to land ownership for foreigners as problems restricting the development of business environment.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered: 03/05/2010
Implemented: Yes
Date of inception: 1 Mar 2010
GTA Evaluation: Green
Source:
UNCTAD Investment Policy Monitor, A Periodic Report by the UNCTAD Secretariat, No. 2, 20 April 2010
African Development Bank
http://www.afdb.org/fileadmin/uploads/afdb/Documents/Project-and-Operati...
Government Response:
- 414 reads
