Wednesday, October 23, 2013

The State Treasury to Disburse FCFA 8.42 Billion Annually as Allowances to Traditional Rulers

By Cassimania
 This is the result of a presidential decree allocating monthly allowances to traditional leaders. Cameroon will now include in its operating budget, an annual expenditure of more than 8.42 billion CFA francs to pay traditional. It should be recalled that on September 13, 2013 President Biya signed a decree allocating monthly allowances to traditional rulers. This fee will be paid to both the 1st class, 2nd class and 3rd class traditional rulers. The amounts allocated were respectively 200 000 FCFA, 100,000 FCFA and 50,000 CFA francs.  According to a source at the Ministry of Territorial Administration and Decentralization (Minadt), Cameroon has about 81 First Class traditional rulers. An estimated 194.4 million FCFA will be disbursed per year as allowances to this group. As for those of the second class traditional rulers, they are more than 860 and the state will be spending close to1, 032 billion FCFA per year. The biggest budgetary burden will be attributed to the third class traditional rulers who are said to be more than 12 000 and will therefore cost more than 7.2 billion CFA francs per year to the state.

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