| Project Detail |
The proposed PforR will support the government of Cameroon in its efforts to strengthen the way it manages public finances. It will focus on three priority areas for the government: (a) improve domestic revenue mobilization, as Cameroon fiscal revenues at 13% of GDP are insuficient to enable it to meet its developmwent goals, (b) making the budget more climate- and gender-sensitive and strengthening the management of fiscal risks associated with SOEs, and (c) improving budget execution and treasury management by increasing the transparency on the management of financial ressources for education and healthcare and bringing more financial resources from commercial banks into the Treasury Single Account. A US$20 million IPF financing will support the implementing agencies in achieving the Disbursement Linked Indicators (DLIs), mainly in the form of technical assistance (e.g., studies and training), support for ICT systems interoperability and support the government in establishing the Program Coordination Unit and coordinating the Program’s implementation with a robust monitoring framework. This will include the financing of the independent verification of DLIs and communicatin, outreach and other stakeholder engagement activities. To improve domestic revenue mobilization; and the accountability and transparency of public finances, including in selected sectors. |
