2014 Public Investment Budget: First Quarter Performance Under Review
By Godlove BAINKONG, Cameroon Tribune, 9-4-2014
A MINEPAT team has been deployed across the country to evaluate the path covered.
Projects earmarked for financing with FCFA 1,000 billion Public Investment Budget (PIB) for 2014 are under evaluation in all the regions of the country. An evaluation team from the Ministry of the Economy, Planning and Regional Development (MINEPAT) is currently touring the regions to assess the path covered in the first quarter of the year. The field evaluation work began on Tuesday April 8 both at the central and decentralised levels.
A MINEPAT team has been deployed across the country to evaluate the path covered.
Projects earmarked for financing with FCFA 1,000 billion Public Investment Budget (PIB) for 2014 are under evaluation in all the regions of the country. An evaluation team from the Ministry of the Economy, Planning and Regional Development (MINEPAT) is currently touring the regions to assess the path covered in the first quarter of the year. The field evaluation work began on Tuesday April 8 both at the central and decentralised levels.
According
to a release from the department of economy and programming of public
investments of MINEPAT, the team is among others assessing the process
of execution of the 2014 PIB, follow up of the priority investment
programme to meet the needs of grassroots population and facilitate the
work of local steering committees of the investment budget.
The
field control team is also assessing the process of award of contracts
at central and decentralised levels which witnessed disparity last year.
Statistics show that in 2013, 6,685 contracts were awarded amounting to
FCFA 1,482,598,654,403. The regions received and treated 3,107 contract
award files and signed 3,201 contracts to the tune of FCFA 62.698.6
billion. The award rate stood at 91.8 per cent representing 72.6 per
cent of the budget previewed. Meanwhile, contracts patterning to the
Central tenders board witnessed a 48.5 per cent award rate given that
some 1,058 contract award files were awaited at the Ministry of Public
Contracts but only 513 effectively came in.
The
priority programme consisted in an early publication (January 6, 2014)
of the 2014 Projects Logbook, joint launch of the budget by MINEPAT and
the Ministry of Finance on January 9, the launch of contract award
conferences on January 20 by the Ministry of Public Contracts as well as
the holding of conferences to speed up the entire contract process. The
optimal functioning of a computer-based programme “Programme Budget
Management Information System (PROBMIS),” through which data is gathered
from the grassroots to the central administration, is said to be part
of efforts to ensure celerity in the execution of 2014 PIB.>>>
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