Angola customs charge over US$1 billion in 2005

2 February 2006

Luanda, Angola, 02 Feb – Revenues generated by Angolan customs in 2005 rose 28.3 percent year on year, to US$1.06 billion, officials said in Luanda Wednesday.

Sílvio Burity, manager of the National Customs Directorate, said that a tighter grip on tax evasion, advances in customs processing at Luanda’s airport and port, as well as changes to procedures at customs posts in the Angolan interior had increased customs revenues by 393 percent over the last five years.

In 2000, customs revenue stood at US$215.4 million.

Burity added that there had been a continuous growth process for customs revenue in Angola and in December 2005 Angola had generated US$128.3 million from customs charges on imports and exports, an all-time monthly high. (macauhub)