#Gabon: Cabinet: PIP, prepayments and housing menu

 

 

At the end of the meeting of September 19, in Libreville, President of the Republic called on the government to take over certain issues of a social nature.

Convened by the Cabinet on September 19 in Libreville, the government has been assigned a number of missions. The president reminded him "the need to respect certain principles for the implementation of Premium Incentive to Performance (PIP), elimination of withholding taxes and access to housing." On the first point, Ali Bongo said that "the principle of looking for a more efficient administration must be central to our compensation system to support sustainable and inclusive growth". Also, he has asked the government to set up a transitional assessment agent system, recalling that the bonus envelope does not exceed the limit for the year.

Determined to protect state officials against excessive debt which is likely to destroy all efforts to improve the purchasing power, the elimination of withholding taxes forced to "put in place mechanisms to protect our compatriots face the risk of over-indebtedness. "At least, according to Ali Bongo, who has asked the government to propose, without delay, a plan to restructure the banking and financial system of the state.

On the issue of housing finally, the Cabinet welcomed the launch of the marketing of available housing built by the state. To this end, it recommended that priority is reserved for first-time buyers in the interests of equity and social justice. As a result, Ali Bongo has instructed the government to obtain "an extension of the repayment period of loans which must pass fifteen (15) to twenty (20) years; less than 10% interest rate; a device for securing funding for access to housing, including for low-income compatriots. "

                                                                            Gabonreview Monday, September 22, 2014