How Do Treasury Systems Operate in Sub-Saharan Francophone Africa?

Luc Leruth, Dominique Bouley and Jerome Fournel

No 2002/058, IMF Working Papers from International Monetary Fund

Abstract: Treasury systems in sub-Saharan francophone African countries share many features with the French public expenditure management system of the sixties on which they were modeled. However, in a different economic and institutional environment, key elements of this framework have evolved in unexpected, unwelcome directions. This paper critically examines two main features of the French system in the sub-Saharan francophone African context: the strict separation between the person ordering payment and the one disbursing funds, and the centralization of funds in the treasury. This examination calls attention to—and suggests remedies for—the specific flaws that have evolved from the traditional framework.

Keywords: WP; expenditure process; payment; government; Treasury; arrears; monitoring; payment order; public treasury; minister of finance; control mechanism; State audit Office; financing expenditure; Budget planning and preparation; Budget execution and treasury management; Currencies; Africa (search for similar items in EconPapers)
Pages: 36
Date: 2002-03-01
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=15588 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:2002/058

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().