Elimination of visas increases Mozambique’s customs revenue in 2005

16 March 2006

Maputo, Mozambique, 16 March – Mozambican customs revenues increased 21.99 percent in 2005, reaching 301 million euros, due to increased passenger and goods traffic made easier by agreements with several neighboring countries to eliminate the need for visas.

The deputy director for internal supervision of the Mozambican customs service, Danilo Nalá, said Wednesday that billing last year had surpassed that of 2004 and that for 2006 Mozmbican customs expected revenue of around 350 million euros.

“The elimination of visas for citizens of the Southern Africa Development Community (SADC) will increase the volume of transactions, leading to greater movement of goods,” said Nalá.

Due to the fragility of the Mozambican economy and the consequent poor contribution of internal taxes to the country’s treasury, the government relies on taxation of foreign trade and help from international donors to finance its activities. (macauhub)