Home » News » Administration of subsidies and state funding: irregularities and monetary losses of 430 million FCFA – Journal L’Economiste du Faso

Administration of subsidies and state funding: irregularities and monetary losses of 430 million FCFA – Journal L’Economiste du Faso

• Seen in 15 buildings and public areas in 2023

• Wage allowance, mission bills and overdrafts, in query

• In accordance with a report from the Inspector Basic of Finance (IGF)

LThe “police” of the general public monetary management of the Burkinabe State have revealed irregularities within the justifications for subsidies or funds given by the Burkinabe State to public buildings or areas in 2023. Monitoring the outcomes given by the Basic inspection handed Finance (IGF) in its common exercise report, revealed in April 2024, reveals a number of irregularities within the administration of those subsidies and the funding obtained.

To make sure good monetary and accounting administration of public funds, the IGF inspectors, after 15 inspection and help missions, have issued their reviews. The recorded monetary irregularities quantity to 433,109,535 FCFA. Of this whole quantity, the accrued assets that haven’t been returned quantity to 26,975,830 FCFA. Wage allowance of 38,168,693 FCFA, with mission bills of 5,071,237 FCFA. Extreme prices should not overlooked, amounting to 9,39,400 FCFA, in addition to supporting paperwork for prices of roughly 333,193,036 FCFA.

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