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2021-2023 budget programming: spending forecasts are being refined

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Le Ministre de l’Economie, de la Planification et de l’Aménagement du Territoire, Alamine Ousmane Mey et le Ministre des Finances, Louis Paul Motaze, ont ouvert le 17 août 2020 à Yaoundé, les Conférences Elargies de Programmation Budgétaire et de Performance Associée (CEPB-PA).

These Conferences, which are being held in a context of public finance management reforms marked by the Covid-19 pandemic, will make it possible to refine the three-year programming of State expenditure for the period 2021-2023, through the examination of Medium-Term Expenditure Frameworks (CDMTs) of constitutional bodies and ministerial departments for optimization of public expenditure.

MINEPAT recalled that the government's action for this triennium finds its orientation in the Very High Directives of the Head of State, contained in the circular on the preparation of the budget signed on July 10, 2020. These directives set out the priorities of public action for harmonious socio-economic development, while taking into account the international commitments made by Cameroon and the continued implementation of the national response plan against Covid-19.

Some priority operations that should be taken into account in budget programming were identified by the Minister of the Economy. These include, among others, the completion and commissioning of major road works; the finalization, commissioning and optimization of dam projects under construction, as well as the launch of new projects; densification of electricity transmission and water supply networks; the full operationalization of the Kribi port platform and preparation for the launch of construction work on the port of Limbé.

Alamine Ousmane Mey also insisted on the key considerations aimed at improving the quality of the public investment budget and budget allocations, namely: rigorous monitoring of multi-year projects, priority programming of resources for ongoing projects, project maturation , optimization of the quality of investment expenditure and reduction of commitments with technical and financial partners in order to limit Committed Undisbursed Balances (SEND).

Under the terms of these extended conferences, it will be a question for each administration to have a quality adjusted Medium-Term Expenditure Framework, accompanied by clear elements and useful additional documents. These Conferences end on August 24, 2020