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Cameroon: IMF Pushes for Independent Chamber of Accounts to Tackle Corruption

Cameroon: IMF Pushes for Independent Chamber of Accounts to Tackle Corruption

Paru le mercredi, 20 décembre 2023 11:54

The IMF recently published a technical assistance report on governance and corruption in Cameroon. In its report, the Bretton Woods Institution made several recommendations to mitigate the risk of corruption in the country. 

According to the report, the Ministry of Justice should "adopt and implement appropriate legislative and administrative measures to ensure the operational and financial independence of the Chamber of Accounts."

The IMF explains that this proposed measure is crucial for empowering Cameroon to bolster its ability to oversee public institutions and enhance the Chamber of Accounts' capability to identify instances of corruption. However, the recommendations go beyond this point. The IMF experts also advocate for the transformation of the Chamber of Accounts into a Court of Auditors, aligning with the standards of the Central African Economic and Monetary Community (CEMAC). This transformation, however, necessitates constitutional reform on the part of Cameroon.

Furthermore, the IMF advises Cameroon to "enact regulatory measures to strengthen the Consupe (Supreme State Audit Office)’s internal audit role,” to  “enhance anti-corruption and control institutions’ capacity to monitor, detect, and punish corruption effectively."

Michel Ange Nga

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