You are here

MOTAZE Louis Paul

MOTAZE Louis Paul

Minister of Finance


THE MINISTER OF FINANCE is responsible for elaborating and implementing Government’s financial, budgetary, fiscal and monetary policy.

As such, he is in charge of:

  1. In the area of budgetary:

-elaborating the settlement bill and the finance law;

- preparing, monitoring and supervising the implementation of the State’s operating budget in collaboration with the Ministry of Economy, Planning and Regional Development;

- implementing the investment budget, in collaboration with the Ministry of Economy, Planning and Regional Development;

- conducting operations for the devolvement of the State’s movable and immovable assets, administrative public establishments and State-owned companies in collaboration with the Ministry of State Property and Land Tenure;

- ensuring the financial control of organs with a supplementary budget and autonomous public establishments in accordance with the regulations of each organ or establishment;

- implementing the privatisation and rehabilitation of public companies;

- monitoring and controlling debt management, public participation, debts owed by legal persons under public law and the use of subsidies;

- making short-term provisions for the elaboration of the State budget.

b) In the fiscal area:

- taxation and customs.

  1. In the monetary and financial area:

- managing the internal and external public debt;

- managing public funds;

- elaborating balance of payments;

- controlling external finances, currency and exchange regulations;

- promoting savings and its use for economic development;

- monitoring monetary and financial cooperation in collaboration with the Ministry of External Relations;

- monitoring and controlling credit institutions, insurance companies and financial markets;

- monitoring the affairs of the International Monetary Fund in collaboration with the Ministry of External Relations.

He oversees the Issuing Institution, credit establishments, insurance companies and the following structures:

- the Autonomous Sinking Fund (CAA);

- the Deposits and Consignment Fund (CADEC);

- the Debt Recovery Agency of Cameroon (SRC).

Attached to the Ministry of Finance are:

-the National Centre for the Development of Computer Services (CENADI);

- the Technical Committee for Privatisation and Liquidation (CTPL);

- the Technical Committee for the Rehabilitation of Public Enterprises (CTR).

The Minister of Finance co-chairs the Interministerial Committee in charge of Privatisation and Rehabilitation of Public Enterprises.

He is assisted by a Minister Delegate.

Cameroon in brief

Capital City : Yaounde
Area : 475 442 km2
Population : 23 739 218 hab. (2015)
Currency : Franc CFA BEAC (XAF)