Cameroon - Public Finance Management Strengthening Support Project (PARGEFIP) (AFDB-P-CM-KF0-005)

  • Cameroon
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 6, 2019
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 9.53 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported U.A 13,234,000
Converted using 2019-11-06 exchange rate.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 15, 2020

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The Public Finance Management Strengthening Support Project (PARGEFIP) was designed to respond to Cameroon's current major public finance challenge. It's part of implementation of Phase II of Vision 2035, and the Growth and Employment Strategy Paper (GESP, 2020-2027). The PARGEFIP aims to accompany the policy support reform programme to ensure the sustainable implementation of reform actions, particularly in the area of public finance management where the need for institutional strengthening is acutely felt. Through its activities, the project is expected to improve the quality of public investment in the energy, transport and rural development sectors. In the medium term, the project will enable the population to benefit from better access to electricity, better maintained roads, equitable access to public procurement, and a framework conducive to the development of their activities. The PARGEFIP has three components. The first component focuses on budgetary resource mobilisation capacity building. The second component aims to strengthen the PFM framework, including that for public debt. The third and last component concerns project management.

The project's global objective is to enhance the performance, integrity and transparency of the PFM system and its compliance with international standards by improving budgetary resource mobilisation as well as the quality and impact of public investment expenditure. The specific objectives are to (i) optimise the mobilisation of domestic budgetary resources; (ii) limit budgetary risks through the control and proper management of budget execution; (iii) align the institutional framework and internal/external audit practices with international standards; and (iv) Build PFM human and IT capacity.

The direct beneficiary is the State of Cameroon, through the Ministries and departments in charge of Finance, Economy and Planning and Regional Development. Specifically, the project will benefit the following institutions: DREF/ Ministry of Finance (MINFI), Directorate General of Taxes (DGI)/Ministry of Finance (MINFI), Autonomous Sinking Fund (CAA)/Ministry of Finance (MINFI), General Directorate of the Economy (DGE)/Ministry of Economy, Planning and Regional Development (MINEPAT), Ministry of Public Procurement (MINMAP), Public Procurements Regulatory Agency (ARMP), the Supreme State Audit Office and the Audit Bench. The private sector, particularly road sub-sector SMEs, including those managed by rural women and youths, are the indirect beneficiaries of PARGEFIP. The project's final beneficiaries are the population of the whole country.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

LUMBILA Kevin Numbi


The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing,,, and/or You can learn more about the IRM and how to file a complaint at

How it works

How it works