Debt of 5 billion: Cepes does not exclude to break its contract with the State • Rewmi.com

The private sector may not accept new graduates oriented. The conference of private higher education institutions in Senegal (Cepes) which reminds the state of its debts, threatens to break its contract with the state

According to Mamadou Gning, the state owes them a debt of 5.81 billion CFA francs during the 2016-2017 school year and about 11 billion CFA francs for the 2017-2018 school year. "However, if the debt is not cleared, it will be impossible for him to admit the students supported by the State, under the next school year in November 2018. They will not be able to start the courses because the outgoing institutions holidays, will not have the resources to finance the start of the year 2018-2019: benefits due to individual contractors, repayment of overdrafts and bank facilities, supplies of various supplies and consumables, amortization of loans contracted ", said President of Cepes. However, to reassure the parents of students, "La Cepes undertakes to complete the exams, give the results, issue diplomas and attestations if necessary, for the purposes of cycles. It will continue to teach until October 2018 for graduates 2017 and masters to allow to meet the hourly volumes, although no advance was made by the State. However, the Cepes believes that at the time the institutions are organizing for the next academic year this major issue must be settled for good.