Management of public funds: urgent need for exemplary transparency and accountability


The recent revelation by the Economic and Financial Commission of the National Assembly concerning the astronomical expenditures related to the development of 145 territories in emergency situations legitimately raises serious concerns. Indeed, the observation of nearly 8 billion USD spent on these works raises major questions about the management of public funds and the transparency of development policies.

At the heart of this affair is a series of burning questions: where were these funds actually allocated? How effective are these investments? And above all, how could such a level of expenditure have been achieved without rigorous control and transparent accountability? These essential questions underline the urgency of responsible action on the part of the competent authorities.

The decision of the National Assembly to conduct an investigation mission within the Government to clarify the destination of the funds spent is a crucial step. It is imperative to establish the truth about the use of these public resources in order to ensure accountability and the fight against any form of embezzlement.

The Economic and Financial Commission raised key points concerning overruns, disparities in consumption and the lack of transparency regarding the precise location of funded projects. These findings highlight the gaps in financial governance and underline the urgent need for reforms to ensure healthier and more responsible budget management.

The impact of these practices on the country’s development is indisputable. Bad governance and budgetary indiscipline hinder socio-economic progress and compromise the quality of life of citizens. Indeed, the squandering of public resources prevents the State from fulfilling its obligations towards its population and delays the development process.

It is imperative that concrete and effective measures be taken to remedy this worrying situation. Transparency, responsibility and accountability must be placed at the heart of development policies in order to ensure optimal use of public resources and promote sustainable and inclusive development for all citizens.

In conclusion, the revelation of these massive expenditures underlines the urgency of a deep reform of the system of financial governance and control of public expenditure. It is essential to work together to establish a culture of transparency and accountability, in order to preserve the integrity of institutions and promote harmonious and equitable development for all.

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