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Yaoundé Urban Community collected CFA21 billion+ in revenue in 2019, below expectations

Yaoundé Urban Community collected CFA21 billion+ in revenue in 2019, below expectations

Paru le jeudi, 30 juillet 2020 17:27

Last year, the Yaoundé Urban Community mobilized CFA21,638 million in revenue, below the CFA27.112 million expected by the local authority.

According to Luc Messi Atangana, the Mayor of the city, the expenditure of YUC during the period was CFA17,361 million, making a surplus of CFA4,277 million. However, the mayor indicated that the coronavirus pandemic is having a real impact on the life of the mayor's office. “The reduction in the state's standard of living has spread to some of the municipalities' revenue sources. These include the contribution of patents, licenses, car stamp duty, property tax, real estate property, communal additional cents, revenues from concessions of advertising space, among others," Cameroon Tribune reported.

Let's note that the Community Council has revised downwards its 2020 budget from CFA37,427 million to CFA32,297 million.

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