UEMOA maintains 0.8% community solidarity levy rate



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Dakar, July 31 (APS) – The Heads of State and Government of the West African Economic and Monetary Union (UEMOA) decided to keep the Community Solidarity Levy rate at 0.8% (PCS) ), learned the APS of the regional institution.

"This is one of the main decisions of this 20th UEMOA Summit held on Monday, July 30, 2018 in Lomé," she said in a press release.

At its meeting of April 10, 2017 in Abidjan, the Conference of Heads of State and Government '' decided to reduce the PCS rate from 1% to 0.8% from 1 July 2017 with a goal of 0.5% from 1 January 2019. "

This measure is guided by a desire to "rationalize the operationalization of the organs of the Union," the statement said.

'' Having encouraged the Commission to continue optimizing the costs of operationalizing sectoral policies and strengthening its governance, 'states the text, the Heads of State and Government, during their work of this 20th Summit, decided to maintain the PCS at 0.8% from 1 January 2019, until the Council of Ministers to deepen the issue. '

The PCS, which is donated to the UEMOA Commission is applied to imports from all UEMOA member countries on products from third States, ie non-UEMOA States.

In Lomé, the 20th Ordinary Session of the WAEMU Conference also had in its agenda, the State of the Union Report, the state of implementation of the high-level projects, the state convergence of member states and prospects, etc.

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