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The C2D Debt Reduction and Development Contract was born out of the Heavily Indebted Poor Countries (HIPC) initiative, launched at the proposal of France in 1996. In order to extend this dynamic beyond the completion point, France decided in 1999 to create Debt Reduction and Development Contracts. These contracts set by mutual agreement an amount of debt to be repaid by the beneficiary country to France. Each repayment is then returned directly to the country in the form of grants that can be mobilized to improve the living conditions of its populations. C2Ds are therefore team efforts - creditor and debtor - in their fight against poverty.

Under the co-chairmanship of Mr Gilles THIBAULT, Ambassador of France to Cameroon, Mr Louis Paul MOTAZE, Minister of Finance (MINFI) and Mr Alamine OUSMANE MEY, Minister of Economy, Planning and Territorial Development (MINEPAT), this 12th session will review the implementation in Cameroon and will see the signature of three new assignment agreements under the 3rd generation Debt Reduction and Development Contract (C2D).

Marked on the one hand by the presence of Mr Jean Baptiste Lemoyne, Secretary of State to the Minister of Europe and Foreign Affairs, and on the other hand by the signature of 3 assignment agreements, this 12th session of COS-C2D will have been rich in articulations, which we propose you to discover through the following retrospective .

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