Cameroon Customs informs that it is developing strategies to reach the target of 800 billion FCFA (customs revenue) for the 2017 financial year.
In the details of this strategy for optimal revenue mobilization in the customs sectors, the Directorate-General focuses on the existing, the clearance of suspensive arrangements, outstanding recoveries, budget covers and public auctions goods. In addition, the outlook will focus on import/export trends, monitoring of facilities, complaints and requests from economic operators, governance and the fight against illegal trade.
Fongod Edwin Nuvaga (photo), Director General of Customs, still noted his satisfaction at the end of Q3 2017. It accounts for revenues (cash basis) of 539.2 billion FCFA, an increase of 34.4 billion FCFA compared to the same period in 2016. It remains only about 260 billion FCFA to collect in the fourth quarter of the current year, to reach the target of 800 billion FCFA.
“The perception of revenue is satisfactory in the technical collection units, despite a difficult environment marked by the contraction of international trade flows, fraud, smuggling, cross-border security threats, the maintenance of declining barrel internationally, the instability of financial markets and the closing of certain borders, “says Fongod Edwin Nuvaga.