Unorthodox Expenditure Procedures in CEMAC and WAEMU Countries
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Summary:
This paper takes stock of unorthodox expenditure procedures in CEMAC and WAEMU countries and assesses their potential fiscal impact. “Unorthodox procedures” are defined as spending practices that bypass legal provisions governing public expenditure processes and circumvent regular controls or other budgetary rules, including those related to budget time limits, approved ceilings, or approved appropriations. The paper shows that despite PFM reforms, recourse to such procedures has persisted—resulting in the accumulation of arrears; inadequate fiscal reporting, including large stock-flow adjustments; and corruption vulnerabilities.
Series:
Working Paper No. 2022/148
Subject:
Budget execution processes Budget planning and preparation Expenditure Expenditure control Public financial management (PFM)
Frequency:
regular
English
Publication Date:
July 22, 2022
ISBN/ISSN:
9798400215681/1018-5941
Stock No:
WPIEA2022148
Pages:
31
Please address any questions about this title to publications@imf.org