It is true, it is not a hoax. Communal stamps now cost CFA500. This has been confirmed by Alamine Ousmane Mey via a radio statement on January 24, 2018. “In implementation of the provision of the 2018 finance law, the ministry of finance informs users that as of January 2018, the price of communal stamp drops from CFA600 to CFA500”, the statement informs. Moreover, it informs the public that those stamps are available in town halls and urban communities.
In Yaoundé, many town hall’s officials think that though the drop represents a loss for decentralized territorial units, it facilitates the transactions. Regularly indeed, there was the issue of change to be dealt with. “When a user brings a CFA1,000 note, it was complicated to find CFA400”, comments a town councilor of Yaoundé 6.
The drop occurs after an initial increase in 2017. Indeed, on January 1, 2017, the price of communal stamp was increased from CFA200 to CFA600; this increase by CFA400 being one of the provisions in the 2017 finance law.