Cameroon repatriated FCFA 651.3 billion of exports proceeds in 2021, the Directorate General of the Treasury has said. According to the directorate, this is down by 22.3 per cent year-on-year. The volume of exports proceeds repatriated was estimated from the number of exports proceeds’ repatriation certificates submitted during VAT refund requests. Specifically, during the period under review, the Directorate of the Treasury issued 173 certificates which makes the total of FCFA 651.3 billion repatriated. In 2020, the directorate issued 199 certificates amounting to a little over FCFA 835.476 billion of...
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