Although higher than in 2017, customs revenues at the end of September 2018 were below government expectations

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Although higher than in 2017, customs revenues at the end of September 2018 were below government expectations

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- Thursday, 17 January 2019 11:01

(Business in Cameroon) - Between January and September 2018, Cameroonian customs collected XAF539.4 billion in revenues, up 3.8% (+XAF19.8 billion) compared to the same period in 2017, the country’s finance department said.

This rather good performance, the ministry revealed, is however below the government’s expectation set at XAF602 billion for the period ; a deficit of XAF62.6 billion. The unmet target can be explained by the overall gloomy economic environment within the CEMAC sub-region, despite a gradual rebound in activities.

BRM

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