Page 197 - Atouts Economiques Cameroun-2019-GB
P. 197

 197
                 FEICOM's financial assistance is governed by several tools that set, among other things, the conditions of access, the structuring of financing and the financing thresholds and loan repayment conditions. These are the FEICOM Code of Intervention (CIF), the Assistance Programme for Municipalities with Low Income (PACARF), the Special Investment Framework for Urban Communities and Municipalities with high poten- tials (CAPIC), the FEICOM’s Support Framework for Municipalities International Actions (CAFAIC), METROPOLE and INTERCOM.
In keeping with the Millennium Development Goals (MDGs) and the Sustainable Development Goals (SDGs) adopted in 2015, FEICOM’s fun- ding during the reference period made it possible to make considerable progress in the fight against poverty through municipalities institutional building, education, access to drinking water, sanitation.
Financing respectful of the principle of the
harmonious and balanced development of the territory
Financing granted by the FEICOM take into account the specific needs of the Municipalities and Regions, in order to guarantee the harmo- nious and balanced development of the national territory, according to the law. It shows that the financing granted by FEICOM to the Urban
Communities during the period under review is 12.5 billion, or 10% of the total cost of financing granted. Similarly, the District Councils benefited from financing up to 20 billion FCFA, which is 15% of the total amount of financing granted. Finally, the other municipalities received 75% of the total amount of financing for the period, which is nearly 100 billion FCFA.
One point out should that a total of 366 Municipalities and Urban Communities (or 98.4% of the total number of Municipalities and Urban Communities in Cameroon) received at least one fun- ding from FEICOM during the period under review.
FEICOM, AN APOLITICAL INSTITUTION
During the period under review, 16.7% of the total number of projects financed were in favour of Municipalities under the opposition parties. This category of Councils has a relative weight of 16.6%. It should be mentioned that after the muni- cipal elections of 2013, 303 Municipal Executives were won by the opposition municipalities.
Some Regions are doing better as the North, which has 27% of opposition Municipalities, and the said
Municipalities received a cumulative total of 34% of financing in the Region. Moreover, the cost of financing granted during the period under review in the opposition municipalities represents 17% of the total cost of financing granted all the munici- palities while they have a relative weight of 16.7%. In the North-West, where we have 71% of Opposition Municipalities, the relative value of the financing granted these Municipalities is 84%. Similarly, the North opposition municipalities, which represent 27% of all the Municipalities in the region, received 48% of the funding granted all the municipalities in the North.
This distribution stems from the fact that membership is not a criterion in the study of financing files. Only criteria related to development are taken into account. For FEICOM, the provision of services to users has no political colour. The financing needs of the Communities in Cameroon are immense and the resources made available by the State, although important, remain insufficient with regard to the com- petences transferred. The May 2006 reform empo- wered FEICOM to seek additional resources from both international cooperation and other national donors. FEICOM's own financial resources therefore serve as leverage to capture cooperation resources and increase the State's capacity to respond to ever- increasing communal needs.
FEICOM “is an instrument par excellence of the State for its development programme at the grass- roots (...). It is the Government’s first partner for the development of Municipalities (...)”. Extract from the foreword by His Excellency Paul BIYA, President of the Republic of Cameroon, in “FEICOM, 40 years at the heart of local development” n
A view of the FEICOM head office building in Yaoundé
LES ATOUTS ECONOMIQUES DU CAMEROUN



















































































   195   196   197   198   199