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Management of state funds: MPs schooled on transparency methods
Management of state funds: MPs schooled on transparency methods.
Members of the Finance and Budget Committee of the National Assembly have been educated by finance management experts on the code of transparency and the proper checking of the management of State funds. As law–makers and those who check government action, the training will help committee members master auditing and finance accountability mechanisms. The specialization programme in public finance of April 14, 2020 was solicited by the Speaker of the National Assembly from finance experts from the Ministry to Finance to empower the Committee member at the beginning of the 10th legislative period given that newly elected MPS have become committee members.
The training done by the Director of Public Accounts at the Ministry of Finance and President of the Steering Committee of the Specialization Programme in Public Finance abbreviated PSSFP, Nestor Achilles Basahag, focused on the finance law of the State, new fiscal regime orientations and the code of transparency
“We are at the beginning of the 10th legislative period and it is necessary to work with members of the Finance and Budget Committee of the National Assembly and explain to them the new orientations on the execution of public finance”, he stated.
He said the training seeks to better the performance-based approach of managing public funds and the Ministry of Finance is working to accompany MPS works well”. This seminar falls in line within a plan we have put in place aimed at raising their awareness on the new directions related to execution of public finance in our countries. Since 2018, there are several texts from the CEMAC zone which have been transposed into our internal law.
For her part, the president of finance and budget committee, Hon. Rosette Moutymbo Ayayi, the Committee has been renewed at about 80 per cent, warranting training.
“The training is necessary so that we all can at the same level regard everything concerning reforms of public finance and especially parliamentary control of public finance”, she said.
Culled from Cameroon Tribune.