BURS, ATAF Peers Hit Hard By Border Closures

ATAF, which was established by African revenue authorities, noted that on account of the pandemic, its members have lost $400-500 million (between P4.6-P5.7 billion) during the period with the share of the loss in total customs revenue ranging from 5-10%.

ATAF’s policy brief on the erosive impact of COVID-19 on customs revenues in Africa has pointed out that much loss was more pronounced in April 2020 as it accounted for close to 24% of the total customs tax revenues.