Improving performance to consolidate growth

ForeignDirectInvestment

Tue, 13 Jan 2015 Source: The Eden Newspaper

Identify, in consultation with all stakeholders, business sectors likely to significantly contribute to improve the living conditions of the population, raise the contribution of all the nation building; is the mission put in place by the government to ensure a better distribution of the national wealth and ensure the involvement of all Cameroonians to the country’s development effort.

The Public Investment Budget (BIP) Operations Book 2015 is a concrete example. According to practice that has proven more efficient over the years, it is put at the disposal of the public at the beginning of the budgetary year to promote circulation of the information to beneficiaries and ensure citizens have control of its implementation. It is hoped this will make government action more effective.

In the light of the first phase of the Programme Budgets and notwithstanding efforts yet to be accomplished, 2015 provides the opportunity for a better mastery of the performance tools.

In this regard, the Public Investment Budget that accompanies the implementation of programmes on the different ministries through the Pluri-annual Authorisation Engagement and corresponding payment appropriations should improve the visibility on the progress towards results for the reversal of public policy issues.

In this sense, the BIP 2015 is expected to consolidate the economic performances in 2014, in order to fully play its acceleration of growth instrument role.

Thus, in accordance with the key considerations of the Growth and Employment Strategic Document (GESD), and the policy of Great Achievements driven by the Head of State, the BIP credits are heavily allocated to Major Projects inducers growth sectors “Infrastructure and Production”.

With the firm intention of the government to significantly increase the BIP execution levels, the involvement of all stakeholders will lead no doubt, to the best results for a strong and sustainable growth in order to achieve our development objectives.

Source: The Eden Newspaper