DEBT AUDIT: WHEN THE SUPER MINISTER OF PAUL BIYA TAKES THE CAMEROONIS FOR CONS The Cameroonian Minister of Finance, Louis Paul Motazé, has just announced in a circular letter addressed to members of the government, managers of companies and public establishments and executives, launching an audit of the government’s domestic debt stock, as of December 31, 2019.
Here is another smoke to hide the incompetence and cruelty of the regime on the mortgage of the lives of present and future generations.The 2017-2018 report of the World Bank on public spending in Cameroon has highlighted the overbilling in many numerous projects as well as excessive project deadlines.
These are the problems which must be tackled instead of talking about the debt audit which in reality is one of the missions assigned to the CCA Autonomous Amortization Fund at its creation. The CCA’s mission is to give more visibility to the Cameroonian public debt since if it does its job well we should know the state of the Cameroonian debt, the different amounts, the different creditors and deadlines. Where does it come from that Mr Motaze, instead of carrying out an audit on the origin of the debt, rather seeks to audited this debt.
Smoke as the Biya regime knows how to do because will he audit the 18 billion debt contracted with the Indians for the tractors of Ebolowa? Should he audit on the Chinese debt for the Mekin dam while So is Hydromekin’s PCA? Will he audit on agropoles and white elephant projects that he piloted while he was at MINEPAT?
SourceFaceBook: Albin Njilo
–
