(Business in Cameroon) - Thanks to the new customs platform CAMCIS, which Cameroon started using in April 2020, the country is improving its customs earnings. Indeed, according to the information revealed by Minister Delegate to the Minister of FinanceYaouba Aboulaye during the April 29, 2021, ministerial council, Cameroon collected XAF750 billion of customs revenues, against a projected target of XAF650 billion.
“Despite the challenges experienced during the deployment of the platform, the performances recorded are satisfactory,” the official release published after the ministerial council reads.
The 2020 customs revenue performance was not only due to the new platform but also to the intensification of ant-contraband operation in the country in the framework of the HALCOMI (French acronym for Halt to Illicit Trades).
The rise in customs revenues was surely beneficial for the public treasury, which is now over-solicited for security (the Anglophone crisis and Boko Haram fights) and health (the coronavirus pandemic) expenditures.