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tax revenues increase to $1.02 billion in the 1st quarter of 2022 (+20.8% over one year)

(Ecofin Agency) – Cameroon’s ambition is of increase the level of non-oil tax revenue from 11.3% of GDP in 2021 to 12.1% in 2022, i.e. a tax effort of 0.8%.

During from 1er trimester 2022, the General Directorate of I(DGI) of the Cameroonian Ministry of Finance collected revenue of 638.7 billion FCFA ($1.02 billion), we learn officially. Comparedyou at the same period in 2021, this envelope, which reflects a certain economic recovery, after the coronavirus pandemic, is up by 110 billion FCFA, or 20.8% in relative value. By maintaining this performance throughout the year, the DGI should achieve its annual revenue targets set at CFAF 2,184.8 billion.

According to the DGI, this increase in revenue over the years is the consequence of the various reforms which mainly aim to optimize tax collection, in particular by means of the dematerialization of procedures, from declaration to payment.

“Today, everything is completely done online at the large, medium, small and micro level.companies in the regional capitals. It is possible to register from your phone or computer, and pay the tax without approaching the tax authorities. Because, there is no longer a fund at the level of the tax administration. Even the various tax certificates can now be acquired online“, explains Modeste Mopa, the Director General of Taxes.

Indeed, the digitization initiated within the tax administration, for a few years, did not take long to produce convincing results. For example, according to the authorities, the payment of tax is no longer akin to a way of the cross.

” VShis innovations have reduced the average time spent by taxpayers by around 30% to the fulfillment of its tax obligations“, indicated the Prime Minister, Joseph Dion Nguté. It was during the presentation of the Economic, Financial, Social and Cultural Program of the Cameroonian government for the fiscal year 2022, on November 26, 2021 to the National Assembly.

Tax pressure objective

Beyond this simplification of procedures and the considerable reduction in contact between tax officials and taxpayers, once marked by harassment and informal deals, digitalization has also facilitated payments, which are also better secured.noted Invest in Cameroon. For example, for the 2021 fiscal year, 10 billion FCFA of tax revenue was collected via Mobile Money from mobile telephone operators, i.e. nearly half of the approximately 25 billion FCFA paid at bank counters by taxpayers, according to data from the Ministry of Finance.

To this range of innovations that have made it possible to boost the collection of tax revenues in Cameroon for several years, we can add the transfer of the collection of certain taxes to companies (airport taxvscollected by airlines, car vignette collected by insurance companies…, Editor’s note), and the gradual broadening of the tax base, with the introduction of new taxes.

This is the case with the tax on money transfers by electronic means. Established by the Loi de finances 2022, in a context of expansion in the country of Mobile Money and mobile banking services, this tax should provide this year about 20 billion FCFA of additional revenue to the State, according to projections by the DIM.

Thanks to all these measures, Cameroon hopes to increase the level of mobilization of non-oil internal resources (tax pressure) from 11.3% of GDP in 2021 to 12.1% in 2022, i.e. a tax effort of 0.8%. of GDP. But, overall, according to the DGI, the tax burden in Cameroon remains lower than that of several African countries at the same level of development.

Brice R. Mbodiam

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