Taxation department generates FCFA 890 bn
in 1st semester
- DGT ModesteMopaFatoing and his dynamic
staff aiming for another record-breaking performance in 2016
By Ojong Steven Ayukogem in Yaounde
DG of Taxation, Mopa ModesteFatoing |
The Directorate General of Taxation DGT is
poised more than ever before to attain and even beat its earmarked revenue
collection objective for the 2016 budgetary year.
This
was the preoccupation of tax officials from the central and external services
of the Directorate General of Taxation when they converged in Garoua, North
region, on 14 July 2016 for their 7th coordination meeting for the 2016 fiscal
year.
Holding
in the context of a steep drop in prices of raw materials notably petroleum
products, and a precarious security situation due to the Boko Haram insurgency
in the North, it emerged that the DGT was still able to generate over FCFA 890
billion in the 1st semester of 2016.
This
amount consists of FCFA 857 billion of non-oil tax revenue and FCFA 33 billion
of oil-tax revenue, according to a release issued by the DGT.
It
is worthy to mention that the non-tax revenue of 857 billion exceeds by 42
billion the 815 billion that was earmarked by government for the 1st semester
of 2016, thus giving a realization rate of 105%.
Note-worthy
also is the fact that at the same period in 2015, the DGT collected FCFA 830
billion in non-oil revenue. Thus 2016 witnessed an absolute progression of 27
billion and a relative progression of 3.2%.
For
their part, all the regional taxation units also realized their earmarked
revenue objectives in the first semester, with the North region realizing FCFA
3 billion.
Meanwhile,
the DGT also recovered the sum of 102.2 billion on behalf of decentralized
local collectives and other public administrative services.
According
to authorities of the DGT, this wonderful performance is accounted for by the
continuous quest to improve upon the collection procedures. And this entails
consolidating reforms aimed at making the tax services more user-friendly and
more performance-oriented.
Yet,
mention needs be made that this wonderful performance could not be possible
without the untiring and committed implication and results-driven management of
the General Manager of Taxation – ModesteMopaFatoing, and the unflinching
support and impulsion of the Minister of Finance – AlamineOusmaneMey.
However,
the DGT is not expected to rest on its laurels despite this wonderful
performance. This is because she still has to generate at least 850 billion in
the 2nd semester of 2016 (i.e. 750 billion in non-oil revenue and 100 billion
in oil revenue).
Yet,
it is comforting to note that authorities of the DGT are well aware of the huge
challenge that still awaits them. That is why during their conclave in Garoua
they resolved to consolidate performance, continue with reforms and innovations
and also sustain the mobilization of staff.
“Our
aim is to consolidate achievements and pursue our quest towards improving
procedures, as well as broadening the tax base and enhancing revenue,” says the
DGT, MopaFatoing.
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