Officials held a sensitisation workshop with vote holders in Yaounde on Thursrday.

Vote holders in the country have been told to inform the treasury on time so that measures can be taken to make available liquidity for an efficient execution of the State budget. This was a major outcome of a sensitisation workshop that grouped vote holders and treasury officials at the Yaounde Hilton Hotel yesterday February 23.

In a speech, Finance Minister, Alamine Ousmane Mey, said there have been noticeable shortcomings in the projection of engagements and programming of payment. He said, this has been characterised by the extension of payment periods and the accumulation of the rest of the money destined for vote holders.

To harmonise the activities of all the stakeholders in the management of the State budget, papers were presented on themes like, “Budgeting and the financing needs of the State”, “Stakes and challenges of quality accounts and treasury management, and “Treasury management: Strategies and tools,” among others. Speaking after the workshop, the Director General of Treasury, Moh Sylvester, said, “the idea was to associate vote holders to the management of State liquidity which is actually rare. To manage rare resources we need to be informed. We need that vote holders should inform us on time of their engagement plans. People should not get up in the morning and say I need FCFA one billion now. If we are informed say, a month before, we would be able to take measures to get the money for the execution of the budget,” he assured.