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HomeAfricaWorkshop on control of natural resources in Central Africa holds in Brazzaville

Workshop on control of natural resources in Central Africa holds in Brazzaville

 A sub-regional workshop on the management and fiscal control of natural resources in Central Africa opened Monday in Brazzaville, Congo, with a view to developing new strategies likely to improve the sector, according to an official statement issued here Tuesday.

Organized by the IMF Regional Centre for technical assistance for Central Africa (AFRITAC Centre), the workshop brings together experts from Burundi, Chad, Cameroon, Equatorial Guinea, Gabon, the Central African Republic, Democratic Republic of Congo (DRC) and Congo.

Participants are discussing recommendations from the inaugural session workshop of the organization held in Kinshasa, DRC.

Chief tax administrators from Member States will examine the draft recommendations from the current workshop with a view to making them reference points for tax authorities to appraise more objectively the profitability of tax revenues of all schemes implemented by each State and the performance of control and management services to better combat tax evasion.

The experts will set up a working group to explore the possibilities of enhancing capabilities in planning and preparing the control of natural resources, taking into account the complexity of these sectors.

The objective of the working group is to develop more dynamic instruments to facilitate management and fiscal control in the field of non-renewable resources, including minerals, forests and hydrocarbons.

The working group will also produce the first regional monograph on planning and the preparation of a tax audit in an oil, mining or forestry company.

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