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2021 Public Investment Budget: Though significantly up YoY, physical achievement is still not at the desired level, experts say

2021 Public Investment Budget: Though significantly up YoY, physical achievement is still not at the desired level, experts say

Paru le vendredi, 12 novembre 2021 17:26

The physical execution rate of the XAF1351 billion 2021 public investment budget was 54.1% as of September 30.  

The estimate was presented on November 10, during the first evaluation session by the Public investment budget’s implementation monitoring commission this year.

The performance is up from the 34% recorded by the same period last year. Adamaoua has been the region with the highest percentage of investment budget executed with 76.39%, while the North West recorded the worst performance with  44.99%.

"For some time now, we have been setting higher targets and consistently maintaining our performance. Whether it is for decentralized local authorities or funds assigned to concentrated services, we always have high standards. Because our region is deprived and poor, we are striving to ensure [the public investment budget] is executed in a timely manner,”  explains Mohamadou Mahdi, Chairman of the Adamaoua Regional Public investment budget’s implementation monitoring commission.

Even if the physical execution is comparatively high this year, the committee reckons that it is still below desired levels. For experts in that committee, public investment budget execution is hampered by delays in the handover of tender documents, and late invoice payments that discourage some service providers. 

D.M.

Dernière modification le lundi, 15 novembre 2021 16:31

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