Cambodia: Customs tax income up 12 percent in H1

• Aug 05, 2022

The General Department of Customs and Excise earned $1,295 million in the January-June period of this year, up 12 percent compared to the same period last year, official report showed.

The report was released in a meeting to review work achievements in the first semester and set new objectives for the second semester, held on August 3 under the presidency of Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance.

“This result exceeds 50.2 percent of the plan set in the Law on Financial Management for 2022,” said GDCE Director General Kun Nhem in the meeting.

Vehicle and machinery import taxes account for 45.1 percent of the total income, followed by multi goods and oil products at 27.7 percent and 21.1 percent, respectively.

Construction materials and other fees shared 6.1 percent of the income.

Aun Pornmoniroth spoke highly for the efforts of the customs and excise management and officials at all levels in achieving a better result. AKP-Chea Vannak