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

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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Bibliographic Details
Main Author: Leruth, Luc
Other Authors: Bouley, Dominique, Fournel, Jerome
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Working Papers; Working Paper ; No. 2002/058
Online Access:Full text available on IMF
Description
Summary: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.
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Physical Description:1 online resource (36 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Access:Electronic access restricted to authorized BRAC University faculty, staff and students