National Assembly : Legislators Adopt Finance Bill

The Finance Bill for 2025 has been adopted at the National Assembly.  The document was validated yesterday December 8, 2024 after general debates at the House Chambers. This was during a plenary sitting chaired by the House Speaker, Cavaye Yeguie Djibril. 
The Finance Bill which contains the State budget for 2025 as balanced in revenue and expenditure to the sum of FCFA 7,317 billion seven million, was defended before the Finance and Budget Committee of the National Assembly by the Minister of Finance, prior to general debates in the House Chamber. The main innovation in the 2025 Finance Bill concerns the continued efforts aimed at reducing common budgetary heads as recommended by the Head of State. Subsidies for fuel prices at the pump are projected to reduce from FCFA 263 billion in 2024 to FCFA 15 billion in 2025, a projection the Minister of Finance noted that is induced by the forecast of a fall in the price of a barrel of oil in the world market and a drop in the dollar exchange rate. The overall budget policy seeks to be based on an effort to consolidate the situation of public finances while supporting the pursuit of the priority objectives of the National Development Strategy 2030, as well as the peaceful and success organisation of elections slated for 2025. It also entails consolidating economic growth which will ultimately have a positive impact on the living conditions of the population.  
Preoccupations raised by legislators include knowing the budget savings made after operation "clean up the State payroll" which made it possible to flush out a large number of civil servants. In response,  the Minister reiterated that the said operation enabled the Public Treasury to make savings of about FCFA 30 billion at the end of the litigation phase championed by the Minister of Public Service and Administrative Reforms, and which culminated in the dismis...