Page 36 - Atouts Economiques Cameroun-2019-GB
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                 LES ATOUTS ECONOMIQUES DU CAMEROUN
We can now appreciate the number of initia- tives taken in recent years. For example, in 2016, MINFI made a point on the reforms to simplify the procedures related to tax reporting and payment. In 2017, the strategy to improve the quality of service hinged on the consolida- tion of those started in 2016 and the implemen- tation of new reforms identified. These included the dematerialization of the “timbre automobile” and the tax security; the extension to divisional headquarters of stamping machines; the exten- sion of the Mobile Tax to other taxes and the establishment of a system to make one’s tax return by mobile phone, among other things.
TRADE FACILITATION
As far as the customs department is concerned, it has been established that the multitude of pro- cedures and the paperwork generate extra costs and deadlines for companies. MINFI the- refore opted for their relief by reducing the deadlines and customs clearance costs. To this end, it had to involve the reconciliation of effec- tive customs controls at the borders and trade facilitation mechanisms.
Regarding the Treasury, Financial and Monetary Cooperation departments, remarkable progress has been recorded in terms of the modernization of services. In the area of treasury management, the introduction of related new mechanisms and a better control of the timing of expenses have, on several occasions, enabled the Government to honour its commitments on the due date.
Reduced delays and customs clearance costs
Besides, in the financial sector, it was noted with satisfaction the development and adoption, in 2013, of the National Strategy Paper for Inclusive Finance, whose final goal is to endow Cameroon, over the next 5 years with an inclu- sive, coherent and integrated financial sector, driven by a variety of providers, technically
The premises of the General Directorate of Customs in Douala


























































































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