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Kosovo's 10-mo Gross Customs Revenue Rises 11.4% to 472 Mln Euro

Nov 12, 2008, 12:36:03 PMArticle by Plamena Stoyanova
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Kosovo collected 472.42 million euro ($602 million) in gross customs revenue in the first ten months of 2008, up by 11.4% on the year, Kosovo's customs service said on Wednesday.

Kosovo's 10-mo Gross Customs Revenue Rises 11.4% to 472 Mln Euro

The revenue was 1.3% above target, the customs service said on its website.

Kosovo targets to collect 583 million euro in customs revenue this year, up from 437.8 million euro last year.

In October alone the customs service collected 13.56 million euro, up from 12.87 million euro last year.

Details follow (in millions of euros):

10-mo'08 9-mo'08
Revenue 472.42 426.82
Target 466.4 419.76

Kosovo, where 90% of the population is ethnic Albanian, declared its secession from Serbia in February, after almost nine years under the administration of the United Nations. Kosovo’s independence has been recognised by over 50 countries so far.

($=0.7847 euro)

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