World Bank Supports Anti-graft Fight in Cameroon

Yaoundé - 14 May 2024 -

World Bank Supports Anti-graft Fight in Cameroon

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- Saturday, 29 June 2013 13:42

(Business in Cameroon) - The World Bank has given a grant of 500 million francs CFA to Cameroon to enable the country to improve its use of public finances

This donation is part of a regional project to support Audit Institutions (SAIs) and the Regional Council of Training in Higher Institutions of Public Finance in Francophone Sub-Saharan Africa (CREFIAF).

Through this act, Cameroon and other countries of the region would comply with international standards of governance in a social context marked by increased anti-graft fight.

Cameroon’s ministry of supreme State audit (CONSUPE) says the money would help the institution to continue its effort to instill accountability in the management of public funds. Hitherto, this body has pinned many managers of public funds, many of whom have been ordered to repay their charges and others have been imprisoned.

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