Obama Asue meets economic chiefs

On Wednesday 30th May, the Prime Minister of the Government, Charged with Administrative Coordination, Francisco Pascual Obama Asue, met economic chiefs from ministerial departments, to look as questions relating to the management and control of financial activities within the Central State Administration.

According to the mandate approved at the latest session of the Council of Ministers, overseen by the Head of State, H. E. Obiang Nguema Mbasogo, the Fiscalisation Commission for Income Generated within Ministerial Departments was created. The meeting on Wednesday served to check the degree of compliance with this mandate.

Obama Asue, in his speech, criticised attitudes in relation to corruption, particularly public income evasion, deriving from the payments in cash that continue to be the norm in many institutions, despite the implementation of a system of bank payment.

During the meeting, which was attended by the Minister for Public Administration and Administrative Reform, Faustino Ndong Esono, the Prime Minister highlighted the fact that controls on budget spending at each ministry is the responsibility of the economic chiefs. Along these lines, the Ministry for Finance and Budgets must implement strict control in order to fiscalise economic affairs at the ministerial departments, who must submit monthly financial reports regarding their activities.

In addition, Obama Asue reminded the economic chiefs of the duty to extend their actions to the Continental Region, as their field of action was not limited to Malabo, but covered the rest of the provinces and districts within national territory. To do that, he asked them to set up a Commission of Budget Managers and Financial Control, which would go to the Continental Region and check on the state of income received in the districts.

Source: Official Web Page of the Government of the Republic of Equatorial Guinea

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