Staff Capacity Building on Key Innovations in the 2019 Budget Implementation Scheme

Published: Monday, 13 May 2019 21:15

Organized from May 09 to 10, 2019 by the Cameroon Civil Aviation Authority (CCAA) the objective of the seminar was to enable participants to understand the reforms induced by the transparency code, the innovations of the new law of management of public finances in  public entities, and to control the execution of expenses in procedures of imprest accounts.

 

In the first module the principles of transparency and good governance and the new financial regime of the State and other entities was taught.

The expert subsequently reviewed the innovations of the 2019circular with respect to tax measures, the increase in the rates of public order registration fees between 2 to 3% for public procurement, between 2 to 5% for order letters and  5 to 7% for purchase orders and the cancellation of the issuing bulletin as a medium for issuing and winding up taxes, for the benefit of the tax notice etc. Also to rationalise the expenditure, the replacement of the cash advance procedure by the imprest and  other measures have been taken to optimise the processing time of public expenditure.

As regards the deadlines for the execution of public budgets, October 15, 2019 is the slated date, the deadline for the termination of visas on draft contracts was fixed and 31 January 2020, is the stated deadline for the end of the supplementary accounting period.

By and large, compliance with the legislative and regulatory provisions by each actor in the chain of expenditure is a guarantee for the harmonious execution of public budgets. For this, the actors must: respect, budgetary discipline, procedures, deadlines for implementation of the budget and seek greater effectiveness of the interventions of the State and other public entities.