Togo to, definitely, adopt Progamme-based budget in 2020

Public finance
Wednesday, 24 April 2019 15:34
Togo to, definitely, adopt Progamme-based budget in 2020

(Togo First) - In 2020, Togo will no more rely on a means-based budget rather opting for a programme-based one. The shift aims at improving the State’s performances towards achieving its goals.

The measure was taken during a meeting, called by the Ministry of Economy, on April 23, in Lomé. The latter regrouped various officials such as general secretaries and directors, and department chiefs to get them acquainted with the new budget format, its implementation, as well as mistakes to avoid while dispatching budgetary actions and programs to various ministries.

The “State budget for 2020 will be presented and adopted based on specific” programmes, instead of means which is the current format as the latter “has shown limitations,” declared Patoki Badanam, secretary general, ministry of economy.

The decision let’s emphasize aligns with public finance reforms undertaken in the member-States of the West African Economic and Monetary Union (WAEMU), but also with the Economic Governance Support Project (PAGE) which is backed by the European Union and the World Bank.

For 2019, the government, let it be recalled, presented two types of budget to the parliament.

Ayi Renaud Dossavi

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