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Cameroon – Public Management: Towards the institution, from 2017, of an export tax of 2% on medicinal plants

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Written by Deckson N.

By 2017, the Cameroonian government could introduce an export tax on medicinal plants, worth 2%, informs the 2017 State Finance Bill currently under consideration in Parliament.

This tax, and many others submitted to the validation of parliamentarians during the last sessions of the National Assembly and the Senate on behalf of the year 2016, should enable the State to replenish its funds in some context of declining oil revenues in producer countries such as Cameroon.

As a reminder, Cameroon’s forests are full of many species that are believed to have positive effects for the treatment of several tropical diseases. Which species are increasingly appreciated by large Western laboratories, which may now have to pay, for the benefit of the local public treasury, 2% of the value of plants exported from Cameroon.

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Deckson N.

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