Feb 2 , 2025
The Ethiopian Customs Commission announced that it has exceeded its revenue collection target for the first six months of the fiscal year. The Commission collected 203.75 billion Br, surpassing the planned 190.9 billion birr by 106.73pc, representing a 106.7 billion Br increase compared to the same period in the previous fiscal year. Commissioner Debele Kabeta noted that coordinated efforts with other institutions to prevent contraband contributed to the successful outcome, resulting in the seizure of more than 1.1 billion Br worth of goods in the Semadiyo district in Somali Regional State, which originated from Somaliland. He noted that the government has provided 120.76 billion Br in duty-free incentives to eligible domestic investors and producers which is a 148pc increase, or 72.06 billion Br, compared to the 48.7 billion Br provided during the same period in the previous year.
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