HomeReportsBureau of Economic and Business Affairs2022 Fiscal Transparency Report…Cameroon hide 2022 Fiscal Transparency Report: Cameroon In this section Government-by-Government Assessments: Cameroon Government-by-Government Assessments: Cameroon During the review period, budget documents were widely and easily accessible to the public online. Information in budget documents, however, was incomplete. Information on debt obligations was publicly available and updated quarterly, including for state-owned enterprises. Allocations to and earnings from state-owned enterprises were not identified in budget documents, and few state-owned enterprises produced financial statements. The government did not review its budget throughout the year. The government maintained off-budget accounts not subject to adequate audit or oversight, and there were similar concerns regarding the budget for military and intelligence services. The information in the budget was considered generally reliable. The supreme audit institution did not meet international standards of independence and did not audit the government’s executed budget. The government specified in law or regulation and appeared to follow in practice the criteria and procedures for awarding natural resource extraction contracts and licenses. Basic information on natural resource extraction awards was publicly available. Cameroon’s fiscal transparency would be improved by: Including allocations to and earnings from state-owned enterprises in its budget; Making audited financial statements for state-owned enterprises publicly available; Eliminating off-budget accounts or subjecting them to adequate audit and oversight; Subjecting military and intelligence budgets to civilian oversight; Ensuring the supreme audit institution meets international standards of independence; and Ensuring the supreme audit institution audits the government’s executed budget, makes its reports publicly available and follows up on its findings. View report by: Belize El Salvador Malawi Sierra Leone Benin Equatorial Guinea Maldives Somalia Burma Eswatini Mali South Sudan Burundi Ethiopia Mauritania Suriname Cambodia Gabon Mozambique Tajikistan Cameroon Guinea Nicaragua Tanzania Central African Republic Guinea-Bissau Niger Turkmenistan Chad Haiti Oman Uganda China Iraq Pakistan Ukraine Afghanistan Comoros Kazakhstan Palestinian Authority Uzbekistan Algeria Democratic Republic of the Congo Laos Papua New Guinea Vietnam Angola Republic of the Congo Lebanon Sudan Yemen Azerbaijan Djibouti Lesotho Rwanda Zambia The Bahamas Dominican Republic Liberia Sao Tome and Principe Zimbabwe Bahrain Ecuador Libya Saudi Arabia Bangladesh Egypt Madagascar Senegal On This Page search > < Government-by-Government Assessments: Cameroon Tags Bureau of African Affairs Bureau of Economic and Business Affairs Cameroon Division for International Finance and Development Back to Top