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Kosovo's 9-mo Gross Customs Revenue Rises 11.6% to 426.8 Mln Euro

Oct 13, 2008, 1:56:25 PMArticle by Plamena Stoyanova
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Kosovo collected 426.8 million euro ($581.3 million) in gross customs revenue in the first nine months of 2008, up by 11.6% on the year, Kosovo's Customs said on Monday.

Kosovo's 9-mo Gross Customs Revenue Rises 11.6% to 426.8 Mln Euro

The revenue was 1.7% above target, the customs said on its website.

Kosovo targets to collect 561 million euro in customs revenue this year, up from 437.8 million euro last year.

Details follow (in millions of euros):

9-mo'08 8-mo'08
Revenue 426.82 366.78
Target 419.76 361.46

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 50 countries so far.

($=0.7342 euro)

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