The quarterly balance shows a physical decline of 1.7% compared to the 265.5 billion CFA francs recorded during the same period last year. The underperformance is mainly due to the collapse of taxes collected on the exit of national territory products, a budget item that has only generated half of the government's forecasts.

The decline in exit duties is the main vulnerability in the customs table. The public treasury only collected 15.2 billion CFA francs on exports in the first quarter, for a target of 30.8 billion, representing a realization rate of 49.4%. The deficit of 15.6 billion CFA francs recorded on the budget line accounts for nearly half of the overall delay in customs administration revenue collection. Compared to the 29 billion CFA francs collected a year earlier, the decline reaches 47.6%, revealing a decrease in the value of exported raw materials or logistical disruptions in port customs clearance operations.

Taxes applied to imported goods are playing a cushioning role in the face of declining exports. Import duties have increased by 8.6% to 102.7 billion CFA francs, while the value-added tax on imports has generated 119.1 billion CFA francs, marking a 5.8% increase over one year. The dynamism of imports has thus brought in 14.6 billion CFA francs in additional revenue, compensating for the losses recorded on outgoing freight, without however being enough to improve the final envelope. Excise duties have also had a negative impact on the overall balance, falling to 13.9 billion CFA francs compared to 16.6 billion the previous year, a result below the official target of 17.8 billion.


Nlend Flore

Tags: droits d'exportation recettes douanières exportations importations douanes budget economie finances publiques taxes