Countries No. 4. Cameroon: poultry, rice and vegetable oils
The major impact of the trade reforms implemented by the Cameroon Government in the framework of its Structural Adjustment Polices (SAP), after the devaluation of the CFA franc in 1994 was a significant simplification of the fiscal system.
Average taxation rates for various commodities witnessed a 25 to 44 percent drop, with declines ranging from 41 to 88 percent in 1994 to 31 to 51 percent since June 2000.