Cameroonian Dollar Bonds Experience Weakest Performance Amidst President’s Prolonged Absence
Cameroon’s dollar bonds have recorded their weakest performance in recent times, coinciding with the prolonged absence of President Paul Biya. The 93-year-old president left the country on June 7 for a private vacation in Europe, according to authorities, but has yet to return. This marks one of his longest absences from the country in recent years.
The president’s absence has not typically been a cause for concern in Cameroon, as there are no legal issues with his temporary leave. However, the current situation has had an impact on the country’s dollar bonds, which have now recorded their weakest performance.
It is worth noting that the article does not provide a direct link between the president’s absence and the performance of the dollar bonds, and the cause of the weak performance is not specified.
Article source: cameroonconcordnews.com | Image credit: Cameroon Concord News
