Sunday, March 7, 2010

Customs to contribute FCFA 499 billion into the economy

The Director General of Customs, Minette Libom Li Likeng has expressed the determination of the customs department to meet up with the budgetary exigencies of the government by raising the sum of FCFA 499 billion for the 2010 fiscal year.

She was speaking last January 26, 2010 at the 101 Military Air Base in Yaoundé during the celebration of the 2010 edition of the International Customs Day observed under the theme "Customs and Enterprise: Improving Performance Through Partnership."

Customs Director General, Mrs Libom Li Likeng while stressing on the role of the Ethics and Governance Committee in her department, she enumerated a whole battery of measures put in place to attract investments in Cameroon. This refers mostly to the general and fair implementation of all attractive customs procedures including the customs regime for the promotion of attractive activities like the petroleum code, gas code, mining code, etc, the favourable regime of the investment code and charter, the procedure for capital goods, the customs regime for partnership agreements reserved for large-scale projects.

The commemoration of the day last January 26, 2010 comes after week long activities that were launched at the Sawa Hotel in Douala, Chief town of the Littoral region last January 18, 2010. For a week then, activities like health consultations, sports and leisure were carried out at the customs headquarters in Yaoundé.

Speaking in Douala during the launching ceremony, Minette Libom Li Likeng disclosed that the sector's strategies for this year seek to render more effective customs operations in the country. These, among others, include continuous application of measures undertaken to strengthen governance in the sector, such as the Global Positioning System (GPS) which officially went operational last year and whose optimum performance is said to be a giant step in combating fraud in the Customs sector.

In his speech at the occasion to commemorate the 2010 edition of the world customs day in Cameroon the Minister Delegate in the Ministry of Finance, Titi Pierre challenged customs officials to work in synergy and exercise transparency in their operations in order to meet up with their 2010 goals the most challenging of which is pumping FCFA 499 billion into the state coffers in 2010.

The amount to be contributed by the customs department this year it should be noted has increased by 11 per cent from that of last year that stood at FCFA 469 billion.

NDI Eugene NDI

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