Vous-êtes ici: AccueilBusiness2014 12 09Article 315899

Infos Business of Tuesday, 9 December 2014

Source: Investir au Cameroun

Why the 2015 budget concerned the political class

On the bottom of the under-consumption of the public investment Budget (PIB), non-master budgetary tools caused a divide even within the ruling party.

Balanced in revenue and expenditure at 3,746 billion CFA FRANCS (against 3,312 billion in 2014) and predicting a growth rate of 6.3% GDP, the 2015 draft budget was adopted in the National Assembly December 6 in a stormy atmosphere, with numerous excerpts broadcast via the antennas of the national post.

In his opening speech mid-November at 3rd ordinary session of the year, Cavaye Yeguie Djibril, president of the National Assembly denounced the misuse of the PIB by the Government of Philemon Yang. Generally, the commitments were estimated at 89% while the physical execution of the PIB was around 34%. A reality that the opposition expressed enough concern.

For Tamaino Ndam Njoya of the UDC, "there is a coordination problem to be solved at the level of the administrations responsible for the implementation of the budget".

Robert Bapooh Lipót of UPC assessed that: If we cannot through a budget bring appropriate solutions to the concerns, it will always have a crack or a crisis of confidence between the action of the Government and the people". Joseph Banadzem the president of the parliamentary group SDF lamented: "the 2014 budget was under executed and 2015 is unprepared.