TohidA/MONA · Datasets at Hugging Face

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

20.4

1.4. Combined expenditure and revenue measures

Prepare a strategy aiming at ensuring the sustainability of the petroleum products’ price structure and the financial viability of the SONARA.

3

12/31/2017

SB

Objective: increase mobilization of nonpetroleum revenue and reduce subsidies.

0

3

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

20.4

1.4. Combined expenditure and revenue measures

Update and implement the guide to the project maturity process.

4

12/31/2017

SB

Objective: improve the selection of investment projects

0

4

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

20.5

1.5. Debt Management

Adopt a plan to gradually clear balances outstanding and arrears from previous fiscal years.

1

12/31/2017

SB

Objective: clear domestic arrears

0

1

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

20.5

1.5. Debt Management

Take stock of and confirm balances outstanding and arrears from prior fiscal years.

2

9/30/2017

SB

Objective: clear domestic arrears

0

2

2017-09-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

20.5

1.5. Debt Management

Produce a quarterly report on balances outstanding and arrears from prior fiscal years.

3

4/30/2018

SB

Objective: clear domestic arrears. Quarterly beginning April 2018

0

3

2018-04-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

20.5

1.5. Debt Management

Produce a quarterly report on balances outstanding and arrears from prior fiscal years.

3

Quarterly

SB

Objective: clear domestic arrears. Quarterly beginning April 2018

0

3

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

20.5

1.5. Debt Management

Disclose the type and volume of contingent liabilities in an annex to the budget law, including the firm and contingent liabilities of all existing publicprivate partnerships (PPPs).

4

10/31/2017

SB

Objective: take stock of contingent liabilities. Annual beginning October 2017

0

4

2017-10-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

20.5

1.5. Debt Management

Disclose the type and volume of contingent liabilities in an annex to the budget law, including the firm and contingent liabilities of all existing publicprivate partnerships (PPPs).

4

Other

SB

Objective: take stock of contingent liabilities. Annual beginning October 2017. Annual basis.

0

4

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Include the total petroleum receipts of national oil company SNH and direct interventions in the table of government financial operations (TOFE).

1

6/30/2017

SB

Objective: strengthen public financial management. Monthly structural benchmark from end-June.

0

1

2017-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Include the total petroleum receipts of national oil company SNH and direct interventions in the table of government financial operations (TOFE).

1

Monthly

SB

Objective: strengthen public financial management. Monthly structural benchmark from end-June.

0

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Prepare an inventory of all accounts of public administrative establishments with commercial banks, and strictly limit the opening of new bank accounts.

2

6/30/2017

SB

Objective: Improve and rationalize cash flow management

0

2

2017-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Adopt a strategy to gradually expand the coverage of the Treasury single account.

3

9/30/2017

SB

Objective: Improve and rationalize cash flow management

0

3

2017-09-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish quarterly budget execution reports.

1

6/30/2017

SB

Objective: improve fiscal transparency. Quarterly structural benchmarks from end-June 2017

0

1

2017-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish quarterly budget execution reports.

1

Quarterly

SB

Objective: improve fiscal transparency. Quarterly structural benchmarks from end-June 2017

0

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Develop a national social protection strategy (or policy) to be implemented starting with the 2018 budget law.

1

12/31/2017

SB

Objective: protect vulnerable segments of the population

0

1

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Adopt and submit to the Central African Banking Commission (COBAC) a strategy to clear the commercial banks' overdue claims.

1

9/30/2017

SB

Objective: Stimulate credit to the private sector

0

1

2017-09-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Adopt a resolution plan for banks in difficulty to be submitted to the COBAC.

2

8/31/2017

SB

Objective: maintain the stability of the financial sector

0

2

2017-08-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Expand access to creditor databases to all credit and microfinance institutions.

3

3/31/2018

SB

Objective: facilitate access to credit, especially for small and medium-scale enterprises (SMEs)

0

3

2018-03-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Computerize the movable collateral registry.

4

3/31/2018

SB

Objective: facilitate access to credit, particularly for SMEs

0

4

2018-03-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-06-26

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Reduce processing lags for invoices from the time they are committed till they are covered by treasury to two months.

5

3/31/2018

SB

Objective: reduce working capital requirements for SMEs

0

5

2018-03-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

PA

20.5

1.5. Debt Management

Issue a directive signed by the Minister of Finance stating that the National Public Debt Committee (CNDP) must issue a prior opinion for any external indebtedness on the part of public enterprises (other than debts arising from normal commercial transactions).

1

Program Prior Action

M

Objective: strengthen control of public borrowing by public enterprises

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Include the total petroleum receipts of national oil company SNH and direct interventions in the table of government financial operations (TOFE).

1

Program Prior Action

M

Objective: strengthen public financial management. Monthly structural benchmark from end-June.

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

PA

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish quarterly budget execution reports.

1

Program Prior Action

M

Objective: improve fiscal transparency. Quarterly structural benchmarks from end-June 2017

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Adopt a budget calendar to facilitate alignment of the medium-term budget framework (MTBF) with the annual budgets as well as alignment of the preparation of the capital budget with that of the recurrent budget.

1

Program Prior Action

M

Objective: improve short- and medium-term budget planning

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20

1. General government

Prohibit any new funding of 450 correspondent accounts using budget allocations and of 420 accounts for which there is no principal accountant, by making all investment projects subject to regular budgetary procedures.

1

1/31/2018

SB

Circular issued by the Minister of Finance.

1

2018-01-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Improve collection of the property tax by linking it to the electricity distribution system, and share the revenue from the tax between the central government and the decentralized units of government.

1

12/31/2017

MOD-DATE

Objective: increase mobilization of nonpetroleum revenue

1

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Improve collection of the property tax by linking it to the electricity distribution system, and share the revenue from the tax between the central government and the decentralized units of government.

1

12/31/2018

SB

Proposed to be re-programmed.

1

2018-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Prepare a report (i) evaluating the efficacy of the new VAT escrow account funding and (ii) proposing, in cooperation with the Directorate General of Treasury, a plan to clear the stock of appropriations identified at December 31, 2016.

2

12/31/2017

SB

Objective: increase mobilization of revenue and improve the business environment

1

2

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.2

1.2. Revenue administration, including customs

Strengthen information sharing between the Directorate General of Taxes (DGI) and the Directorate General of Customs (DGD). The two administrations will jointly prepare quarterly reports identifying, inter alia, results in terms of the identification of fraud and additional revenue collected.

1

6/30/2017

M

Objective: increase mobilization of nonpetroleum revenue. Quarterly beginning June 2017.

1

2017-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.2

1.2. Revenue administration, including customs

Strengthen information sharing between the Directorate General of Taxes (DGI) and the Directorate General of Customs (DGD). The two administrations will jointly prepare quarterly reports identifying, inter alia, results in terms of the identification of fraud and additional revenue collected.

1

Quarterly

SB

Objective: increase mobilization of nonpetroleum revenue. Quarterly beginning June 2017.

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.2

1.2. Revenue administration, including customs

Complete implementation of biometric taxpayer registration.

2

06/30/2018

MOD-SB

Objective: increase mobilization of revenue. Modified to 'Implement the interface between the taxpayer registration database (NIU) and the tax management application (MESURE)'

1

2

2018-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.2

1.2. Revenue administration, including customs

Implement the interface between the taxpayer registration database (NIU) and the tax management application (MESURE)

3

06/30/2018

SB

N/A

1

3

2018-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.4

1.4. Combined expenditure and revenue measures

Submit a draft law transposing the CEMAC Directive on Budget Laws into national law to the CEMAC commission.

1

9/30/2017

M

Objective: align fiscal policy with regional regulations

1

2017-09-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.4

1.4. Combined expenditure and revenue measures

Publish the petroleum product price structure on a monthly basis.

2

6/30/2017

M

Objective: increase mobilization of nonpetroleum revenue and reduce subsidies. Monthly beginning June 2017.

1

2

2017-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.4

1.4. Combined expenditure and revenue measures

Publish the petroleum product price structure on a monthly basis.

2

Monthly

SB

Objective: increase mobilization of nonpetroleum revenue and reduce subsidies. Monthly beginning June 2017.

1

2

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.4

1.4. Combined expenditure and revenue measures

Prepare a strategy aiming at ensuring the sustainability of the petroleum products’ price structure and the financial viability of the SONARA.

3

12/31/2017

SB

Objective: increase mobilization of nonpetroleum revenue and reduce subsidies.

1

3

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.4

1.4. Combined expenditure and revenue measures

Update and implement the guide to the project maturity process.

4

12/31/2017

SB

Objective: improve the selection of investment projects

1

4

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.4

1.4. Combined expenditure and revenue measures

Ensure compliance with the supplementary fiscal period of two months provided for by law starting from 2018.

5

4/30/2018

SB

TOFE final 2017.

1

5

2018-04-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.5

1.5. Debt Management

Adopt a plan to gradually clear balances outstanding and arrears from previous fiscal years.

1

12/31/2017

MOD-SB

Objective: clear domestic arrears. Proposed to be changed to a new structural benchmark.

1

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.5

1.5. Debt Management

Take stock of and confirm balances outstanding and arrears from prior fiscal years.

2

09/30/2017

MOD-SB

Objective: clear domestic arrears. Proposed to be changed to a new structural benchmark. Modified to 'Verify the stock of domestic arrears at end-2016 by conducting an external audit.'

1

2

2017-09-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.5

1.5. Debt Management

Produce a quarterly report on balances outstanding and arrears from prior fiscal years.

3

04/30/2018

MOD-DATE

Objective: clear domestic arrears. Quarterly beginning April 2018. Proposed to be changed to a new structural benchmark. New description: Produce a quarterly report on balances payable and arrears for prior fiscal years.

1

3

2018-04-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.5

1.5. Debt Management

Produce a quarterly report on balances outstanding and arrears from prior fiscal years.

3

07/31/2018

SB

Objective: clear domestic arrears. Quarterly beginning July 2018. New description: Produce a quarterly report on balances payable and arrears for prior fiscal years.

1

3

2018-07-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.5

1.5. Debt Management

Produce a quarterly report on balances outstanding and arrears from prior fiscal years.

3

Quarterly

SB

New description: Produce a quarterly report on balances payable and arrears for prior fiscal years.

1

3

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.5

1.5. Debt Management

Disclose the type and volume of contingent liabilities in an annex to the budget law, including the firm and contingent liabilities of all existing publicprivate partnerships (PPPs).

4

10/31/2017

M

Objective: take stock of contingent liabilities. Annual beginning October 2017

1

4

2017-10-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.5

1.5. Debt Management

Disclose the type and volume of contingent liabilities in an annex to the budget law, including the firm and contingent liabilities of all existing publicprivate partnerships (PPPs).

4

Other

SB

Objective: take stock of contingent liabilities. Annual beginning October 2017. Annual basis.

1

4

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.5

1.5. Debt Management

Verify the stock of domestic arrears at end-2016 by conducting an external audit.

5

03/31/2018

SB

Submit de audit report. Stage of progress: Recruitment of a consultant underway.

1

5

2018-03-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.5

1.5. Debt Management

Adopt a plan for the gradual clearance of domestic arrears for prior fiscal years.

6

03/31/2018

SB

Submit a plan to Fund staff.

1

6

2018-03-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Include the total petroleum receipts of national oil company SNH and direct interventions in the table of government financial operations (TOFE).

1

6/30/2017

M

Objective: strengthen public financial management. Monthly structural benchmark from end-June.

1

2017-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Include the total petroleum receipts of national oil company SNH and direct interventions in the table of government financial operations (TOFE).

1

Monthly

SB

Objective: strengthen public financial management. Monthly structural benchmark from end-June.

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Prepare an inventory of all accounts of public administrative establishments with commercial banks, and strictly limit the opening of new bank accounts.

2

6/30/2017

M

Objective: Improve and rationalize cash flow management

1

2

2017-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Adopt a strategy to gradually expand the coverage of the Treasury single account.

3

9/30/2017

M

Objective: Improve and rationalize cash flow management

1

3

2017-09-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish quarterly budget execution reports.

1

6/30/2017

M

Objective: improve fiscal transparency. Quarterly structural benchmarks from end-June 2017

1

2017-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish quarterly budget execution reports.

1

Quarterly

SB

Objective: improve fiscal transparency. Quarterly structural benchmarks from end-June 2017

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Develop a national social protection strategy (or policy) to be implemented starting with the 2018 budget law.

1

12/31/2017

SB

Objective: protect vulnerable segments of the population

1

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Adopt and submit to the Central African Banking Commission (COBAC) a strategy to clear the commercial banks' overdue claims.

1

9/30/2017

M

Objective: Stimulate credit to the private sector. Met, strategy to be completed.

1

2017-09-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Adopt a resolution plan for banks in difficulty to be submitted to the COBAC.

2

8/31/2017

MD

Objective: maintain the stability of the financial sector. As per SR: Not met, executed on 09/27/2017.

1

2

2017-08-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Expand access to creditor databases to all credit and microfinance institutions.

3

3/31/2018

SB

Objective: facilitate access to credit, especially for small and medium-scale enterprises (SMEs)

1

3

2018-03-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Computerize the movable collateral registry.

4

3/31/2018

SB

Objective: facilitate access to credit, particularly for SMEs

1

4

2018-03-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Reduce processing lags for invoices from the time they are committed till they are covered by treasury to two months.

5

03/31/2018

MOD-DATE

Objective: reduce working capital requirements for SMEs

1

5

2018-03-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Reduce processing lags for invoices from the time they are committed till they are covered by treasury to two months.

5

6/30/2018

SB

Date is as of June 2018 in the last SR but it doesn't indicate as being modified. It might have been the case it was wrongly input the first time.

1

5

2018-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Revise the plan for dealing with troubled banks.

6

6/30/2018

SB

Plan finalized in consultation with Fund staff.

1

6

2018-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2017-12-20

P1

R1

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Provide training in banking dispute resolution for commericla court judges in the major business centers.

7

12/31/2018

SB

At least 10 judges trained in the fiscal year.

1

7

2018-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

PA

20.3

1.3. Expenditure measures, including arrears clearance

Issue a supplementary circular to the circular N 001/C/MINFI of January 06, 2018, which strictly limits the derogatory spending procedures.

1

Second Review Prior action

M

N/A

2

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

PA

20.3

1.3. Expenditure measures, including arrears clearance

Clearance of part of the domestic payment arrears accumulated at end-2017 by end-March 2018, up to CFAF 212 billion.

2

Second Review Prior action

M

N/A

2

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

PA

20.5

1.5. Debt Management

Issue a directive signed by the Minister of Finance stating that the National Public Debt Committee (CNDP) must issue a prior opinion for any external indebtedness on the part of public enterprises (other than debts arising from normal commercial transactions).

1

Program Prior Action

M

Objective: strengthen control of public borrowing by public enterprises

2

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Include the total petroleum receipts of national oil company SNH and direct interventions in the table of government financial operations (TOFE).

1

Program Prior Action

M

Objective: strengthen public financial management. Monthly structural benchmark from end-June.

2

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

PA

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish quarterly budget execution reports.

1

Program Prior Action

M

Objective: improve fiscal transparency. Quarterly structural benchmarks from end-June 2017

2

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

PA

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Submit to parliament the bills for the transportation of CEMAC's directives on financial regime of state and public entities and transparency and governance in public financial management.

2

Second Review Prior action

M

N/A

2

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Adopt a budget calendar to facilitate alignment of the medium-term budget framework (MTBF) with the annual budgets as well as alignment of the preparation of the capital budget with that of the recurrent budget.

1

Program Prior Action

M

Objective: improve short- and medium-term budget planning

2

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Submit to parliament's approval a supplementary 2018 budget in line with program objectives.

2

Second Review Prior action

M

N/A

2

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20

1. General government

Prohibit any new funding of 450 correspondent accounts using budget allocations and of 420 accounts for which there is no principal accountant, by making all investment projects subject to regular budgetary procedures.

1

01/31/2018

M

Audit report submitted to Fund staff.

2

1

2018-01-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Improve collection of the property tax by linking it to the electricity distribution system, and share the revenue from the tax between the central government and the decentralized units of government.

1

12/31/2017

MOD-DATE

Objective: increase mobilization of nonpetroleum revenue

2

1

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Improve collection of the property tax by linking it to the electricity distribution system, and share the revenue from the tax between the central government and the decentralized units of government.

1

12/31/2018

SB

In progress

2

1

2018-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Prepare a report (i) evaluating the efficacy of the new VAT escrow account funding and (ii) proposing, in cooperation with the Directorate General of Treasury, a plan to clear the stock of appropriations identified at December 31, 2016.

2

12/31/2017

M

Objective: increase mobilization of revenue and improve the business environment

2

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Close all accounts for non-revenue generating entities (mainly public administrations such as sectoral ministries and public agencies), and stop the transfer of new budget appropriations to these accounts.

3

08/31/2018

SB

N/A

2

3

2018-08-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Strengthen information sharing between the Directorate General of Taxes (DGI) and the Directorate General of Customs (DGD). The two administrations will jointly prepare quarterly reports identifying, inter alia, results in terms of the identification of fraud and additional revenue collected.

1

06/30/2017

M

Objective: increase mobilization of nonpetroleum revenue. Quarterly beginning June 2017.

2

1

2017-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Strengthen information sharing between the Directorate General of Taxes (DGI) and the Directorate General of Customs (DGD). The two administrations will jointly prepare quarterly reports identifying, inter alia, results in terms of the identification of fraud and additional revenue collected.

1

Quarterly

SB

Objective: increase mobilization of nonpetroleum revenue. Quarterly beginning June 2017.

2

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Complete implementation of biometric taxpayer registration.

2

06/30/2018

MOD-SB

Objective: increase mobilization of revenue. At R1, this SB is modified.

2

2018-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Publish a communique conditioning the customs clearance operations of the goods to the existence of the professional taxpayers in the active file of the DGI.

3

07/31/2018

SB

N/A

2

3

2018-07-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Prepare quarterly reconciliation of import declarations and scanner images validated by SGS and assessed customs values.

4

09/30/2018

SB

Quarterly starting in September 2018.

2

4

2018-09-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Prepare quarterly reconciliation of import declarations and scanner images validated by SGS and assessed customs values.

4

Quarterly

SB

Quarterly starting in September 2018.

2

4

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.3

1.3. Expenditure measures, including arrears clearance

Quarterly payment of utility bills (ENEO, CAMWATER, CAMTEL, SONARA) based on annual budget allocations.

1

09/30/2018

SB

Quarterly starting in September 2018.

2

1

2018-09-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.3

1.3. Expenditure measures, including arrears clearance

Quarterly payment of utility bills (ENEO, CAMWATER, CAMTEL, SONARA) based on annual budget allocations.

1

Quarterly

SB

Quarterly starting in September 2018.

2

1

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.4

1.4. Combined expenditure and revenue measures

Submit a draft law transposing the CEMAC Directive on Budget Laws into national law to the CEMAC commission.

1

09/30/2017

M

Objective: align fiscal policy with regional regulations

2

1

2017-09-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.4

1.4. Combined expenditure and revenue measures

Publish the petroleum product price structure on a monthly basis.

2

06/30/2017

M

Objective: increase mobilization of nonpetroleum revenue and reduce subsidies. Monthly beginning June 2017.

2

2017-06-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.4

1.4. Combined expenditure and revenue measures

Publish the petroleum product price structure on a monthly basis.

2

Monthly

SB

Objective: increase mobilization of nonpetroleum revenue and reduce subsidies. Monthly beginning June 2017.

2

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.4

1.4. Combined expenditure and revenue measures

Prepare a strategy aiming at ensuring the sustainability of the petroleum products’ price structure and the financial viability of the SONARA.

3

12/31/2017

M

Objective: increase mobilization of nonpetroleum revenue and reduce subsidies.

2

3

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.4

1.4. Combined expenditure and revenue measures

Update and implement the guide to the project maturity process.

4

12/31/2017

NM

Circular signed by the Prime Minister

2

4

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.4

1.4. Combined expenditure and revenue measures

Ensure compliance with the supplementary fiscal period of two months provided for by law starting from 2018.

5

04/30/2018

NM

TOFE final 2017.

2

5

2018-04-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.5

1.5. Debt Management

Adopt a plan to gradually clear balances outstanding and arrears from previous fiscal years.

1

12/31/2017

MOD-SB

Objective: clear domestic arrears. Proposed to be changed to a new structural benchmark.

2

1

2017-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.5

1.5. Debt Management

Take stock of and confirm balances outstanding and arrears from prior fiscal years.

2

09/30/2017

NM

Objective: clear domestic arrears. Proposed to be changed to a new structural benchmark.

2

2017-09-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.5

1.5. Debt Management

Produce a quarterly report on balances outstanding and arrears from prior fiscal years.

3

04/30/2018

MOD-DATE

Objective: clear domestic arrears. Quarterly beginning April 2018. Proposed to be changed to a new structural benchmark.

2

3

2018-04-30

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.5

1.5. Debt Management

Produce a quarterly report on balances outstanding and arrears from prior fiscal years.

3

07/31/2018

SB

Objective: clear domestic arrears. Quarterly beginning July 2018.

2

3

2018-07-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.5

1.5. Debt Management

Produce a quarterly report on balances outstanding and arrears from prior fiscal years.

3

Quarterly

SB

Objective: clear domestic arrears. Quarterly beginning July 2018

2

3

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.5

1.5. Debt Management

Disclose the type and volume of contingent liabilities in an annex to the budget law, including the firm and contingent liabilities of all existing publicprivate partnerships (PPPs).

4

10/31/2017

M

Objective: take stock of contingent liabilities. Annual beginning October 2017

2

4

2017-10-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.5

1.5. Debt Management

Disclose the type and volume of contingent liabilities in an annex to the budget law, including the firm and contingent liabilities of all existing publicprivate partnerships (PPPs).

4

Continuous

SB

Objective: take stock of contingent liabilities. Annual beginning October 2017

2

4

2023-09-23

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.5

1.5. Debt Management

Verify the stock of domestic arrears at end-2016 by conducting an external audit.

5

03/31/2018

M

Audit report submitted to Fund staff.

2

5

2018-03-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.5

1.5. Debt Management

Adopt a plan for the gradual clearance of domestic arrears for prior fiscal years.

6

03/31/2018

M

Submit a plan to Fund staff.

2

6

2018-03-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.5

1.5. Debt Management

Computerize the register of movable collateral.

7

12/31/2018

SB

N/A

2

7

2018-12-31

N/A

760

CAMEROON

622

ECF

2017-06-26

2,017

2020-06-25

2,020

N/A

2018-07-06

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Include the total petroleum receipts of national oil company SNH and direct interventions in the table of government financial operations (TOFE).

1

06/30/2017

M

Objective: strengthen public financial management. Monthly structural benchmark from end-June.

2

1

2017-06-30

N/A