On the budgetary side

  • Increase Cameroon’s budget from 7,317.7 billion in 2025 to around 8,500 billion as of 2026;
  • Reduce operating expenses and the lifestyle of the state by 25% in one term;
  • Increase the share of the public investment budget from 29.57% to about 60% in one term.

On the fiscal side

The transition from confiscatory taxation to investment taxation

The Great Fiscal and Budget Reform: A need for an economically competitive Cameroon and social security guaran teed to all citizens
Taxation is a problem at the heart of political projects because it is closely linked to the issue of financing and even more so to the optimal and efficient use of tax revenues.

The tax reform lays the foundation for a fiscal policy that will move from a confiscatory taxation to an incentive taxa tion that puts the country in the modern State that rationalises, accompanies, controls and protects. We will adopt the following measures:

  • Gradual reduction of the corporate tax rate (from 33% to 25% over 5 years);
  • Establishment of tax incentives for companies to invest (tax breaks for creating new jobs, tax rebates for the creation of new subsidiaries …);
  • Possibility for companies to deduct the purchase price of certain depreciable assets over a reduced period of time instead of amortising them over their useful life;
  • Lighter taxation for investment income and property wealth (single tax rate of 25%); reduced rate to 18% when the beneficiary undertakes to reinvest 40% of its income floating capital in a national economic activity;
  • Increasing the tax base (fair distribution of the public burden in respect of the contributory ca-pacities of each citizen);
  • Increase of SMIG to 55,000 FCFA (this amount can be raised during the mandate depending on the performance of the economy); Exemption from income tax for tax residents who re-ceive a salary less than or equal to 55,000 FCFA;
  • Creation of a National Social Security: Equitable and universal subjection of all workers and self-employed persons to the Social Solidarity High Tax, in order to finance the social security budget and guarantee a minimum universal health cover for every citizen (principle of fiscal solidarity);
  • Implementation of a tax relief mechanism for inheritance transactions between living in-dividuals within a family group (reduction of the tax burden of retirements and encourage-ment of take-overs

The introduction of a security tax

Taxation : « International Attraction – National Protection »

  • International tax incentive conditioned by the mechanism of partial tax exemptions: development of a tax system that facilitates the establishment of international investors in Cameroon subject to the respect of a counterparty;
  • Attractive taxation for Cameroonian tax residents (individuals) wishing to repatriate dividends, interest and other royalties from foreign sources on the national territory;
  • Total exemption of dividends received by Cameroonian companies from their foreign subsidiaries provided they reinvest, over 24 months, 30% of these dividends in the creation of new jobs in Cameroon;
  • Adoption of an anti-abuse scheme designed to ensure minimum taxation in Cameroon of compa-nies that make certain payments considered « erosive » for the benefit of foreign entities linked to them;
  • Impose on the State and the Federations or Regions (or federated entities) to grant at least 40% of large national bidding markets to companies governed by Cameroon law.

Implementation of fiscal equalisation between the regions (or federated entities)

Tax equalisation is based on a limitative list of two major blocks of taxes and a constitutionally regulated distri bution of the national budget between the State and the Regions (or federated enti-ties).

The two major blocs

  • The national block: corporation tax, customs duties; Personal income tax, VAT, Major So-cial
    Solidarity Tax
  • The local block: property tax, housing tax, business contribution to local development.

The new community and international tax dynamics

At community level:

  • Strengthen the powers of the CEMAC Commission;
  • Further guarantee the great economic freedoms to facilitate the free movement of capi-tal and
    goods;
  • Convince other member States of the need to harmonise the corporate tax rate in order to avoid
    fiscal dumping in the CEMAC area;
  • Adopt a Parent-Subsidiary Directive to guarantee the exemption from withholding at the distribution of intra-community dividends and eliminate double taxation;

At International level:

Strengthen quality legislation in the fight against fraud and international tax evasion.