« « Promulgated on December 27, 2022, the Cameroonian State budget for the 2023 financial year was voted at 6345.1 billion FCFA » ».
Up by 264.7 billion FCFA compared to the previous financial year (2022), it was before an audience of administrative, political, consular and economic operators that the Minister of Finance Louis Paul Motaze proceeded on Monday 16 January 2023 in Douala at the official launch of thebudget 2023.
As the economic lung of the country, the choice of the Littoral region to host this event is not insignificant.
» This region has the heavy responsibility of carrying the state budget through the level of resources it mobilizes, » said the Minister of Finance. Taking into account certain factors such as the Russo-Ukrainian crisis, the crisis in the NOSO, the government has opted for a conjunctural budget oriented towards improving competitiveness, the preservation of social strata against the high cost of living, the implementation health coverageuniversal, intensify the implementation of decentralization, respect for the commitments made within the framework of the economic and financial program concluded with the International Monetary Fund, the start of industrial and mining projects, the fight against epidemics and pandemics, etc. …
Stopped in revenue and expenditure at the sum of 6345.1 billion FCFA, the 2023 budget is structured in personnel expenditure at 1257.7 billion, 1075.8 billion expenditure on goods and services intended to ensure the proper functioning of the services of the state. 1169.7 billion for capital expenditure and 70.3 billion for expenditure on special allocation accounts. 4585.5 billion is the amount budgeted for the State’s own revenue, including 807 billion from oil and gas revenue, 3528.1 billion from tax revenue and 2525.4 billion from taxes and duties, 1004.6 billion for customs revenue and 250.4 billion fornon-tax revenue. Donations are valued at 91 billion and 1682.4 billion FCFA for loans.
A budget that wants to be sincere, realistic and sustainable, the director general of the budget Cyrill Edou Alo’o explained the efforts of the Government for households: « the finance law is voted to bring economic and social stability. We have a very high inflation rate, the government is taking measures, for example in terms of freight, the reference value for petroleum products has been lowered to allow the price not to be very high at the pump. Know that when you buy the gas at 6500, the gas actually costs 13500 the budget takes the difference…. if this budget was not worked out like this, you would normally have to pay 13500. When the liter of gasoline is at 630 francs currently at the market level it is at 1350 the government bears the difference. The Head of State spoke of 700 billion that the State pays so that the price is not that of 1350……. Maybe things will change but, but we still have to admit that the government is making an effort.
During his stay in the economic capital, Minister Louis Paul Motaze paid visits to the decentralized services.
Marie L. TENE
