Yaoundé - 27 February 2021 -
Public management

Cameroon: Close to XAF13 bln earnmarked for government’s 2021 expenditures on goods and services

Cameroon: Close to XAF13 bln earnmarked for government’s 2021 expenditures on goods and services
  • Comments   -   Wednesday, 10 February 2021 15:02

(Business in Cameroon) - According to the 2021 finance law, Cameroon budgeted XAF12.88 billion for the government’s expenditures on goods and services this year.

Specifically, XAF674 million FCFA was allocated for fuels and lubricants, XAF190 million for civil servants’ transportation costs, and XAF2.33 billion for hospitality/mission costs.

XAF1.27 billion was also allocated for the purchase of equipment and for maintenance, XAF323.49 million for maintenance, upkeep, and security while XAF18 million is dedicated for water, electricity, gas, and other energy sources, and XAF26 million for rents and rental charges. 

 In the sub-heading of government personnel’s salary, which must absorb XAF1.069 billion, provision is made for bonuses, gratuities, and other indemnities (other than salaries). Those bonuses and consorts amount to XAF40.06 million.

The Ministry of Finance explains that "these resources are slightly up by 3% because of the special events hosted by the country, namely the African Nations Football Championship and the construction of infrastructures in the framework of the African Cup of Nations scheduled for 2022".

Also, "there are more missions, more ceremonies to organize," the source added. It also explains that those expenditures could rise further in the 2022 fiscal year when Cameroon will host the African Cup of Nations.

Sylvain Andzongo

Eighty (80) billion CFA Francs. That is the total amount for the "Douala Grand Mall & Business Park," a gigantic business, trade, and leisure center,...
Cameroonian customs authorities announce that they will soon introduce a feature to their IT platform Cosmos  to help identify cars being used without...
The Cameroonian start-up Diool, which specializes in mobile payment methods aggregation, recently raised $3.5 million (XAF1.8 billion) to develop...
On February 16, during an audience at the Cameroonian Ministry of Finance, Stéphane Dopagne, ambassador of the kingdom of Belgium, asked for facilities...

Mags frontpage

Business in Cameroon n96:January 2021

Cameroon moves to the industrial phase

Mathurin Kamdem, a determined patriot

Investir au Cameroun n106 Janvier 2021

Le Cameroun passe à la phase industrielle

Mathurin Kamdem, un patriote déterminé

  1. Most read 7 days
  2. shared 1 month
  3. read 1 month