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Port of Kribi: Customs services achieved a 9% increase in revenues in Q1 2020

Port of Kribi: Customs services achieved a 9% increase in revenues in Q1 2020

Paru le mercredi, 22 avril 2020 13:23

Over the first quarter this year, the customs services in the port of Kribi (South Customs II sector) cashed CFA10.08 billion in revenues, up 9% from the initial forecasts of CFA9.26 billion. This makes an achievement rate of 108.83%.

At the end of 2019, revenues amounted to CFA24.21 billion, against CFA9.79 billion for the previous year, according to data provided by Patrice Melom, MD of the Port Authority of Kribi. This customs sector in the South is now the second-largest contributor to the revenue of Cameroon's General Directorate of Customs (DGD), just behind the Littoral I sector.

However, port stakeholders note that projections for 2020 will be negatively impacted by the global health crisis of Covid-19, mainly due to the lockdown and the closure of borders.

Sylvain Andzongo

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