Economy : European Union Requesting Coronavirus Funds Audit Report Published

Economy : European Union Requesting Coronavirus Funds Audit Report Published

Philippe Van Damme Preaches Transparency In Management of Finances.

The delay in publishing the audit reports with regards to the COVID-19 funds is taking a different dimension and turn as foreign organizations like the European Union is demanding the authorities that be to make the  report recently carried out by audit bench of the Supreme Court on the use of the funds for the fight against the pandemic public.

 During the 9th session of the steering Committee Platform for Dialogue on Public Finances that took place on the 5th of August 2021, Philippe Van Damme, the European Union (EU) Ambassador to Cameroon expressed his desire for the country to be transparent in handling funds. He stated “The publication of the audit report on the use of COVID-19 funds without delay and the organization of a parliamentary debate in order to draw administrative and judicial conclusion on the issue, will confirm Government‘s determination to ensure transparency and rigour in the management of public funds and reassure citizens on the respect of the engagements the state took in its letter of intent to the international Monetary Fund (IMF) on April 28, 2020.”

During the Steering Committee Platform for Dialogue on Public Finances, the EU Ambassador did not fail to cite part of the letter that reads  “that the financial assistance received is used for the intended purposes, in strict compliance with the provision of the law on the code for Transparency and Governance in Public Finance Management adopted in July 2018, to commission and independent audit of this spending at the end of the 2020 fiscal year and publish results.”

To enhance credibility of the state and the independence of the audit bench, Philippe Van Damme, the EU Ambassador pointed out, it is important to allocate enough funds to outfit with specific budgetary line that is independent from the Supreme Court.

By Takang Bisong

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