Settlement Bill for 2018 : Senators Edified On Budget Execution

Lawmakers of the Senate have been presented with the final amount of the State budget for 2018 financial year as executed in revenue and expenditure.  Finance Minister, Louis Paul Motaze presented the figures as he defended bill No 131/PJL/SEN/2L which is the Settlement bill of the Republic of Cameroon for the 2018 Financial year before the Committee on Finance and the Budget of the Senate on November 27, 2019. This was in the presence of the Minister Delegate at the Presidency in charge of Relations with Assemblies, François Bolvine Wakata. Minister Motaze said it is always important for government’s income vis-à-vis expenditure to be checked by lawmakers for better management. The Finance Minister explained that going by the law, State budget execution is subject to scrutiny by the Audit Bench of the Supreme Court and by Parliament, reason he is defending the bill before Senators.
The settlement bill, prepared in accordance to Law No 2018/12 of July 11, 2018, seeks to establish the final amount of the State budget for the 2018 financial year as executed in revenue and expenditure. Concerning budget balance, the difference between execution in revenue (FCFA 4,909,518,700,140) and in...