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Yaoundé - 22 April 2021 -
Economy

Cameroon: New forest information management system will boost revenues, MINOF says

Cameroon: New forest information management system will boost revenues, MINOF says
  • Comments   -   Tuesday, 06 April 2021 16:16

(Business in Cameroon) - On April 1, 2021, the Cameroonian Ministry of Forest and Wildlife (MINOF) launched SIGIF2, the 2nd generation Forest Information Management System. Despite the German Cooperation and the European Union’s refusal to acknowledge the platform, the MINOF is confident about its efficiency.  

"The official launch of SIGIF2 is an important sectoral advance. Although it is criticized by some partners particularly because of the origin of its developers and the slow development process, it will help the Ministry of Forest and Wildlife decisively address some of the issues found during the dematerialization process," the MINOF indicates.  

The ministry believes that thanks to SIGIF2, forest taxes will increase because felling taxes will rise by 25-30% since the real taxable forestry production of each forestry operator will be checked and all timber supply sources will be taken into account. Also, the MINOF explains, thanks to the platform, new revenue niches will be created (apart from traditional forest taxes) through the issuance of timber legality certificates, Flegt authorizations, and the computer fee.

According to the Directorate General of Taxation, over the 2018-2019 period, Cameroon generated XAF100.3 billion tax revenues from forest companies operating in the national territory (XAF50.9 billion in 2018 and 49.4 billion in 2019). Meanwhile, for the Ministry of Finance, over the said period,  XAF9.9 billion of forest tax revenues  (XAF5.1 billion in 2018 and XAF4.8 billion in 2019) were not paid to the state treasury. Therefore, with SIGIF2, the MINOF plans to help the public treasury get hold of those revenues.  

Sylvain Andzongo

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