Public Finance Management : Managers Schooled On New Dispositions

Executives of public corporations and establishments across the country are being schooled on ways to implement certain dispositions of Law No. 2017/010 as well as Law No. 2017/011. Both laws dwell on the general status of public corporations and establishments and their text of application was signed on June 19, 2019, by President Paul Biya.
Opening the two day workshop in Yaounde, Tuesday August 20, 2019, the Minister Delegate in the Ministry of Finance, Yaouba Abdoulaye, called on the managers to take the exercise seriously. He said transparency and good governance in the management of public finances should be given the pride of place, all in the quest for better performance. Minister Yaouba recalled that the Head of State attaches a lot of importance to this as he has recurrently called for top management to make public enterprises more vibrant.
The workshop has as specific objectives to detail the various aspects of the legal texts and to proceed with the classification of different public corporations and establishments into their various categories as spelt out in the presidential decree of June 19, 2019.
A senior official of the Ministry of Finance, Menguele Judith Clairence, said the familiarisation exercise falls within the plan of action of the Ministry of Finance for 2019. “With the signing of the recent decree by the Head of State, it is for us to put in place an ideal setting which favours the putting in place of these reforms in public corporations and enterprises,” she noted.
The Deputy Director General of the Autonomous Sinking...