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Yaoundé - 26 May 2020 -
Economy

Cameroon: Public treasury plans to issue card for civil servants’ salary payment

Cameroon: Public treasury plans to issue card for civil servants’ salary payment
  • Comments   -   Monday, 21 October 2019 18:23

(Business in Cameroon) - During an interview, on October 21, 2019, Achille Nestor Basahag, director of accounting at the Cameroonian ministry of finance, revealed that in the middle-term, the public treasury will act as a bank with the issuance of cards to be used to pay civil servants’ salaries.  

According to the official, in the near future, the treasury is planning on the dematerialization of civil servants’ salary payment. For that purpose, the servants’ salary could be charged onto their cards at various terminals installed in various treasury posts.

This implies that credit institutions would no more be associated with the salary payment process as it currently is the case.

The director did not provide many details but he indicated that the project falls within the framework of the country’s payroll sanitation process initiated in 2018. In the framework of that sanitation process, in April 2018, the minister of finance Louis Paul Motaze launched a physical counting operation. Thanks to that operation, more than 10,000 fictitious civil servants were removed from the payroll amounting to a yearly budget saving of XAF36 billion.

S.A.

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