Cameroon is facing a serious crisis since 1986, four (4) years after the advent to power of its current president, His Excellency Paul Biya.

This crisis has been fuelled by deteriorating terms of trade and inadequate government policies in that they favoured the phagocytosis of the state.

Instead of withdrawing from productive sectors by stimulating private investment in sectors with high potential, the neglect of the state has led to an unacceptable increase in the number of employees (for example the famous 1500 graduate of the University of Yaoundé);

Promotional operation has increased the burdens of state, and kept up his lifestyle, without creating value.

Term policy of consolidation of the national economy have not been made and no cyclical regulation has been created to the devaluation of the CFA franc in 1994. Moreover, the Cameroonian State through its majority interest of major state companies has seen its numbers grow exponentially, as well as tax evasion, the leakage of foreign exchange to foreign destinations have been without previous records. Thus, public debt has increased from 126 billion $ in 1987 to 5,000 billion CFA francs in 2005, represented over 80% of GDP (Gross Domestic Product) in 2005.

This means that the debt burden of countries represented almost 80% of industrial production in Cameroon, engulfing all the productivity gains of the country. When the debt burden nears the budget deficit, this is just the deficit that has fed the debt, but debt which maintains the deficit. This is a cumulative phenomenon so powerful.

Since 1948, Cameroon, then under the tutelage of France and other African states have signed cooperation agreements with France so that 50% of their foreign currency assets are entrusted to the BDF (Banque de France), in reality French treasury who decides whether or not the economy is not reliably able to repay the debt. This means that if these assets fall below 20% of foreign exchange reserves, the French state can to devalue the national currency of the country.

This happened in 1994, when the lifestyle of the states of francophone Africa has peaked and a devaluation was necessary from the standpoint French, under the leadership of Prime Minister of Then, Edouard Balladur and President Mitterrand. Between 1994 and 2005, when Cameroon's accession to the club unenviable HIPC (Highly Indebted Poor Countries), Cameroon has experienced several economic upheavals due to the sluggish economy. Between 1986 and 1994, for nearly 10 years, the country experienced negative growth which has seen its recovery since 1995. What this growth was due?

The answer is simple; Cameroon has appealed to the IMF (International Monetary Fund) which, with support from the World Bank decides on the main measures to be adopted by the country to revive its economy.

The IMF then has the key levers are NOT (or Programs Plans structural adjustments). SAPs are practically the same everywhere, an orthodox management of national economies. Thus, the core development areas of SAP are:

■ The downsizing of the administration,

■ The devaluation of the currency.

The downsizing is necessary to bring the country to a withdrawal under the debt asphyxia, preventing its investment value, they were private.

For the gain and off can promote the development of other sectors and the establishment of adequate policies for infrastructure development and major projects. However, these policies must be accompanied by incentives to private investment that would allow less industrialized countries to develop alternatives to the shortcomings of the state.

Regarding devaluations, elasticity is a function of stimulus measures decided at government level or development of industry and exports to increase. Facing a debt become chronic in Cameroon (which has yet to borrow 67 million dollars to the IMF and 23 million € in France) for the same policies that have failed for years against the plans of major projects announced by the new minister of economy (whose realization will wait), face a precarious food situation.

LCN proposes practical reforms based on the study in depth of our public finances, the establishment of a true welfare system, an effective health system and a decline in poverty that the HDI (Human Development Index) plateau of approximately 0.5.

This brings us closer to the LDCs (Least Developed Countries) in the world. Does this mean that everything goes wrong in Cameroon? No! It's not just walk along the affluent suburbs of our major cities to see the beautiful houses, villas and even castles almost as well as brands and models of vehicles that are hard to see in rich countries. What this contrast is due? In addition to the various deflections, an informal economy has grown in Cameroon which frees the economic mainstream and for nearly 70% of African populations.

Besides these identified areas are developing circuits bleaching that makes our tax and other misconduct of senior executives and officials of Cameroon. And here is the confusion! That staff is a guarantee of employment, going again! But an official rich! Only in Africa that develops this kind of paradox.

Hence the need to develop the productive sector by gradually disengaging the state, while maintaining public services in areas within a truly regal scale as a proactive obvious. Here are some guiding lines for economic policy, social and technological NCF. Here are a few lines of the proposed company NCF for Cameroon fairer, more equitable and more prosperous.

The political program per se is the subject of a separate document which will be communicated only when the constituent assembly of the movement, members of LCN members.