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Oil & gas: Cameroon lost XAF314 billion of revenues in 2017

(Business in Cameroon) – In 2017, the Cameroonian public treasury lost at least XAF314.6 billion of revenues in the hydrocarbon sector, according to a report published by the national hydrocarbon sector SNH and the ministry of finance. This revenue loss was due to two main reasons namely tax expenditures and …

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