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Burkina: Execution of Finance Laws and Development Programs

The Court of Auditors in Burkina Faso, through its 2022 annual report, proposed a rereading of texts related to execution and project management. It recommends a rereading of organic law No. 073-2015/CNT to facilitate the transfer of annual financial results. In section 2, it suggests changes to articles governing health coverage for category B agents and development projects.

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The finance law in Burkina is a law adopted by Parliament. While setting the budgetary year, it specifies State expenditure for a specific year as well as the resources available to cover them.

Through its 2022 annual report submitted to the Head of State Captain of Burkina, Ibrahim Traoré, on February 16th, 2024, the Court of Auditors of Burkina proposes a rereading of the texts relating to its execution in section 1 as well as a rereading of the texts relating to the management of projects and programs in section 2, all in chapter IV, on page 193.

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The first proposal made to the ministry in charge of finance in Burkina concerns all the texts relating to the remission of penalties and default interest

“This rereading will make it possible to iron out the divergences in interpretation of the texts on the calculations of penalty remissions, default interest and unduly collected revenue, in particular on the calculation of the time limits from which the penalty remissions run” mentions the report.

In addition, the institution headed by Latin Poda recommends an urgent rereading of organic law No. 073-2015/CNT of November 6, 2015 relating to finance laws, in order to allow the transfer of the results of the financial year to the “balance sheet” account. opening of the following financial year” in place of the “Treasury overdraft” account which was abolished following the public finance reform.

In section 2, these are articles 62, 63 and 64 of the decree of November 22, 2007; and articles 97, 98 and 99 of the decree of February 15, 2018; Articles 116, 117, 118 of the decree of December 31, 2021.

These provisions concern the annual health care of agents of category B and 2 development projects in Burkina which are covered. “These texts set a ceiling for covering the medical expenses of agents, their spouse(s) and child(ren) as well as a maximum per agent per year for the annual medical examination.

Also, provide- they the possibility for projects or programs to take out health insurance for their agents with an insurance company, in order to better regulate the reimbursement system and ensure the confidentiality of care.

However, no ceiling is fixed for the insurance premium” regrets the Court, through the report. And to change the situation, the Court of Burkina considers it necessary to reread article 117 of decree 2021-1383/PRES/PMMEFP of December 31, 2021. This will make it possible to specify the ceiling of the application premium, in particular with regard to the spouse(s) and child(ren).

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(Featured image by qimono via Pixabay)

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First published in le faso.net A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Helene Lindbergh is a published author with books about entrepreneurship and investing for dummies. An advocate for financial literacy, she is also a sought-after keynote speaker for female empowerment. Her special focus is on small, independent businesses who eventually achieve financial independence. Helene is currently working on two projects—a bio compilation of women braving the world of banking, finance, crypto, tech, and AI, as well as a paper on gendered contributions in the rapidly growing healthcare market, specifically medicinal cannabis.