The Cameroonian government is looking for an independent auditor to conduct an accounting and financial audit of all the programs carried out under the Debt Reduction and Development Contract (C2D), for which Cameroon has received a total of CFA972.8 billion in financing. The call to tender does not provide information on the objectives and reasons for this audit.
The first C2D was signed between France and Cameroon on June 22, 2006, for 5 years and an amount of CFA352 billion. At its end in April 2011, its satisfactory implementation led to the signing of the second C2D for the period 2011-2016 for an amount of CFA214 billion. A mid-term evaluation mission of the second C2D concluded that its implementation was satisfactory.
A third one was therefore signed on June 30, 2016, for 8 years for an amount of CFA400 billion. It was completed by the C2D-Pilot 3 signed on November 15, 2017, for an amount of CFA6.8 billion.
As part of the implementation of the sectoral budget support of the 3rd C2D, a Technical Support Fund for the development and implementation of public policies (Fatep) has been set up within certain administrations. The various programs (C2D-piloting, C2D-transversal, and C2D-Fatep) aim, in particular, to strengthen the management capacities of economic programs and public investment budgets.
In the call issued for the selection of the auditor, the Minister of Finance (Minfi), Louis Paul Motaze, stated that "the parties have agreed that C2D funds should be channeled according to the government's priorities for poverty reduction (PRSP) and growth, and employment (DSCE).
Cameroon's eligibility for the Heavily Indebted Poor Countries (HIPC) initiative on April 28, 2006, triggered the establishment of this mechanism, which allows Cameroon to use the funds intended for the payment of its debt to finance its development programs.