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Cameroon plans to revive tourism

Cameroon plans to revive tourism

Paru le vendredi, 02 octobre 2020 14:34

Cameroon's tourism industry, like that of many other countries, has been in distress in recent months, particularly because of the restriction measures taken by governments around the world to control the spread of the coronavirus pandemic.

To find a way out, the actors of the sector held an extraordinary virtual meeting on September 30 with the minister of finance Louis Paul Motazé, and Prime Minister Joseph Dion Nguté. They discussed a strategy to put the tourism industry back on track.

The main resolution from this meeting is the suspension of tourist tax for the second half of 2020. It will be extendable in 2021 to foster the recovery of businesses in the tourism sector.

As part of the preparation of the 2021 finance law, the Finance Minister said the government is deliberating on the idea of totally exempting tourism business promoters from paying corporate tax. According to the PM’s office, other measures are being finalized for the medium and long term. These include "the continuation of certain tax and customs exemptions to promote investment in the sector, support for the renovation of tourist sites, and infrastructure for the benefit of tourism companies.”

 D.M.

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