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

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

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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,...

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Bibliographische Detailangaben
1. Verfasser: Leruth, Luc E. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 2002
Schriftenreihe:IMF Working Papers Working Paper No. 02/58
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Zusammenfassung: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
Beschreibung:1 Online-Ressource (36 p)
ISBN:1451847874
9781451847871

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