2022-2024 Budgetary Programming: MINEPAT emphasises on reliability, relevance and credibility

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Le Ministre de l’Economie, de la Planification et de l’Aménagement du Territoire, Alamine Ousmane Mey a présidé, avec le Ministre des Finances, Louis Paul Motaze ce lundi 23 août 2021 à Yaoundé, la cérémonie de lancement de la session 2021 des Conférences Elargies de Programmation Budgétaire et de Performance Associée (CEPB-PA).

The Minister of the Economy, Planning and Regional Development, Alamine Ousmane Mey co-chaired with the Minister of Finance, Louis Paul Motaze on Monday, 23 August 2021 in Yaounde, the launching ceremony of the 2021 session of the Extended Conference on Budgetary Programming and Related Performance (CEPB-PA).

These deliberations, which took place until 31 August 2021, helped improve on the programming of State expenditure for the period 2022-2024, ensuring that it meets the objectives of strengthening the efficiency of public spending, improving the steering of public policies and the medium-term sustainability of State commitments. The 2021 session of the CEPB-PA, will also serve as a framework to review the new planning of programmes. Referring to the problem of budgetary space, the Minister of the Economy, in his opening speech, pointed out that the investment needs for the 2022-2024 triennium amount to 5 888 billion CFAF, for the completion of approximately 854 contracts in progress. Focus will therefore be on the completion in all administrations of ongoing projects and the full commissioning of major 1st generation projects, in order to catch up with the delays of the GESP and free up budget margins for the satisfactory launch of new NDS30 projects. This is the priority for these projects to have a triple effect on economies,' said. With regard to the main investment guidelines for the 2022-2024triennium, “Overall, the average share of investment in the State budget will have to be maintained on at least 30% over the period 2022-2024, then reach the 40% target by the time of the NDS30,” continued MINEPAT.

At the end of these deliberations, placed under the triptych, , reliability, relevance and credibility, each administration and constitutional body must have a quality Medium-Term Expenditure Framework (MTEF), with clearly defined performance measuring elements. Note that the Extended Conferences on Budgetary Planning and Related Performance (CEPB-PA), co-organised by the Ministry of the Economy and the Ministry of Finance, held within the framework of Decree No. 2019/281 of 31 May 2019 to set out the State’s budgetary calendar. This decree confers on the CEPB-PA the major role of review and validation organ for adjusted Medium-Term Expenditure Frameworks (CDMT) of ministerial departments and constitutional bodies. Participants include programme managers, officials in charge of studies, programming, cooperation and budget management, management audit coordinators, as well as management auditors of administrations and constitutional bodies.