Customs revenue: Up 5% over first nine months of 2019

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ALGIERS- Algeria’s customs revenues reached DZD781.97 billion in the first nine months of 2019, against DZD741.52 billion in the same period of 2018, up 5.46%, the directorate general of Customs told APS Wednesday.

This improvement is mainly driven by the “exceptional” recoveries that were made, under the regulations in force, by the customs of the port of Algiers during this period which amounts to 127.95 billion dinars. .

The revenue collected by the Customs served to supply the State budget of 670.88 billion dinars, against 640.54 billion dinars, an increase of 4.74% during the comparison period.

According to the same source, the revenue allocated to the state budget accounted for 85.79% of all customs recoveries during the first nine months of 2019.

The share of revenue allocated to the Guarantee and Solidarity Fund of Local Government (CGSCL) is 68.44 billion dinars, against 64.57 billion dinars, an increase of nearly 6% during the same period of comparison.

According to the DGC, receipts for the National Pension Fund (CNR) amounted to 37.59 billion dinars, against 31.09 billion dinars, also up nearly 21%, said the data of the Directorate of Customs Studies and Prospects (DEPD).

As for the income earmarked for the special purpose accounts (CAS), they amounted to 4.25 billion dinars, against 3.83 billion dinars, thus registering an increase of 10.76%.

From January to September, the revenue allocated to the communes amounted to 811.62 million dinars, against 1.472 billion dinars, a decrease of nearly 44.9% compared to the same period of last year.

In 2018, customs revenue reached 1,026.28 billion dinars, against 1,005.81 billion dinars in 2017, up (+ 2.03%).

APS

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