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Public finance in Africa: a High-Level Regional Dialogue under way in Cotonou, Benin

26/03/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Depuis hier 25 mars 2025 s' est ouvert à Cotonou, economic lung of Benin, a high level regional dialogue. This initiative is led by the Government of Benin, the Regional Service Center for Africa of the United Nations Development Programme (UNDP), the African Development Bank (AfDB) and the Economic Commission for Africa (ECA)

.

Under the theme “Modernizing Accountability and Transparency in Public Finance Systems in Africa”, this regional meeting aims to strengthen financial governance on the continent by exploring innovative approaches and challenges. adapted shapes. The event aims to aims to outline more robust and transparent fiscal governance across the continent. The organizers have chosen to explore innovative paths to meet the challenges that hinder African prosperity. Areas that were as crucial as they were varied were on the program over the two days. The aim is to optimize the management of public spending and debt, to boost the collection of internal resources through daring fiscal changes, to stop the hidden financial flows that are bleeding economies, to encourage citizen involvement in the development of budgets and to take advantage of technological advances to make public accounts

more readable.

Les échanges tenus à Cotonou visent à identify practical solutions such as how to control runaway debts without suffocating economies? How can digital technologies reveal the mysteries of budgets to citizens? How to involve them so that national priorities reflect their aspirations?

The speakers include Romuald Wadagni, architect of Beninese finances, and Adam Soulé Zoumarou, architect of digital innovation in Benin, among others. Their vision was enriched by that of former finance ministers such as Mohamed Boussaid (Morocco) and Seth Tekper (Ghana), but also by Titus Osundina, UNDP emissary in Benin, Patrick Ndzana Olomo, representative of the African Union, and Eric Kehinde Ogunleye, an enlightened mind at the African Development Institute

of the African Development Bank.
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