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government 2025 Budget :The Minister of Small and Medium-Sized Enterprises Is Defending An Envelope Of CFA 16 Billion 489 Million

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On December 2, 2024, Minister Achille Bassileken III defended a budget of sixteen billion four hundred eighty-nine million CFA francs (16 billion 489 million)for the year 2025.

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At the outset of the year, the priorities for 2025 lie in strengthening incubation offerings to enhance the professionalization of entrepreneurship.It will also involve reducing the constraints that small and medium-sized enterprises and artisans face in accessing their ressources. There will be a focus on emphasizing existing mechanisms that are not being sufficiently utilized, but which meet the needs of the ministry's target audience in terms of funding and financing.SMEs play a significant role in wealth creation and poverty reduction.  The sector employs over thirty percent (30%) of the population, particularly women and young people.  In terms of sectoral distribution, 0.1% of SMEs are in the primary sector, 20.3% in the secondary sector, and 79.5% in the tertiary sector. Together, these structures generated approximately 137847 jobs in 2023, accounting for over 90% of the labor force coming from SMEs. 

For the year 2025, the Minister of Small and Medium-Sized Enterprises aims to boost job creation and vocational training to combat youth unemployment and contribute to the country's socio-economic development.



Christelle koambi

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