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Angolan Customs Revenue Posts Record Growth
ANIP NEWS, 19.07.2005

In the first six of 2005 Angolan customs revenues totaled $481 million, the largest amount of customs receipts ever collected for a six month period. In 2004, customs revenues were $383.2 million for the first six months. The June 2005 customs receipts alone were nearly $100 million – a record high for monthly collections, and a 12 percent increase over the May 2005 receipts. Customs officials attribute the record high levels to Angola’s growing economy as well as to the customs modernization and expansion program that the government began instituting in 2001. The program has improved customs control of merchandise imports and exports by expanding capacity and combating corruption within the organization. Prior to the program, customs revenues for the year 2000 totaled approximately $215.4 million, whereas total receipts for 2004 were $828.1 million.

ANIP NEWS

Press-center of Angola Embassy in Russia
19.07.2005

 





Embassy of Republic of Angola, 2005