been higher. indeed, the drop was mitigated by increases in personal income tax (+ xaf billion), excise duties (+ xaf . billion) and registration and stamp duties (+ xaf . billion). although high year over year, all these taxes did not reach the collection target level for the period because the ministry...
level of credit can be as high as ù (nepal) or % (cambodia). for the world bank, the low level of credit granted to the private sector in the region can be explained by several factors. the first is the high exposure to sovereign risk. there is also the weakness of the interbank market, which does not...
yet subjected to it. the reason is that they are against the requirement to repatriate the foreign currencies gained from their exports operations. those companies, because of the peculiarities of their activities, benefit from the facilities provided by cemac countries allowing them not to repatriate...