101. Financial Autonomy of Decentralized Local Authorities and Local Development
- Author:
- Herve Ondoua, Bin Meh, Boris Andzanga Ndzana, and Jean-Cedric Kouam
- Publication Date:
- 02-2023
- Content Type:
- Working Paper
- Institution:
- The Nkafu Policy Institute
- Abstract:
- The financial autonomy of Decentralized Territorial Collectivities (DTCs) is today considered as the foundation of local governance. It confers decision-making power in financial matters to municipalities and regions, as well as a certain level of independence in the management of the resources at their disposal. In Cameroon, the general principles of financial autonomy are defined in the law on the General Code of DTCs, in particular in the Fifth Book, which repeals the law establishing the financial regime of local authorities and that on the financial regime of the State. Thus, financial autonomy should enable DTCs to develop by using their own resources in improving the living conditions of their populations. Despite these powers, DTCs still depend for the most part on income from municipal taxes and income transferred by the State. However, DTCs in Cameroon have real economic and financial potential but not a degree of financial autonomy that would allow them to accelerate the development of their locality. This reflection is aimed at local elected officials, political authorities, government authorities and civil society, with the aim of examining the effectiveness of financial autonomy in the face of the economic and financial potential of DTCs and their ability to implement their own local development projects. This article relates financial autonomy and local governance, on the one hand, and shows how financial autonomy is a factor of valorization of local resources, on the other hand.
- Topic:
- Development, Government, Finance, Local, Decentralization, and Autonomy
- Political Geography:
- Africa and Cameroon