An audit of Fadec 2025 funds in Cotonou has identified 18 municipal contracts that remain unpaid. Officials conducting the review confirmed that the outstanding balance for these specific agreements totals 439.58 million FCfa. The findings indicate that these financial obligations were not settled within the designated fiscal period for the municipal projects. Authorities have not yet disclosed a timeline for the disbursement of the remaining funds to the contractors involved in these agreements. These figures represent the verified total of unpaid liabilities currently held against the city’s accounts for the 2025 cycle.
History of Unpaid Contracts
Municipal records indicate that the financial obligations identified in the audit include agreements dating back to 2012. These contracts remained unsettled throughout the intervening years despite the completion of the associated municipal projects in Cotonou. Previous administrative reviews of the city accounts did not incorporate these specific liabilities into the annual budget cycles following the initial procurement dates. Luc Atrokpo stated that the current audit process seeks to categorize the legacy debts to determine the total outstanding amount owed by the city government in Bénin. The prolonged nature of these unpaid accounts complicates the reconciliation of the municipal ledger. Officials continue to examine the documentation for each agreement from 2012 to verify the delivery of services and the validity of the claims.
Breakdown of Fadec Funding
Fadec resources account for 399.60 million FCfa of the total unpaid amount identified in the municipal audit. This specific portion constitutes the majority of the liabilities currently under review by city officials in Cotonou.
Performance metrics for the Fadec 2025 cycle reflect significant deviations from established financial standards. The audit reported an engagement rate of 17.6% and a mandating rate of 29.16%. These figures fall substantially below the reference norm of 75% required for municipal project execution and fiscal oversight.
Municipal authorities gathered on 20 October 2026 for a restitution session to address these audit findings. Participants examined the discrepancy between the recorded engagement and mandating rates and the specified reference norm during the meeting. The session focused on the reconciliation of current accounts and the impact of these figures on the city’s ability to settle outstanding obligations. Officials evaluated the data to determine the next steps for managing the remaining budget cycle requirements in Bénin.
