Mali/Customs: A Surplus of 71.4 Billion FCFA in 2024

As of December 31, 2024, Mali’s customs revenues reached 866.462 billion FCFA, resulting in a surplus of 71.4 billion FCFA.

Newstimehub

Newstimehub

2 Jan, 2025

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As of December 31, 2024, Mali’s customs revenues reached 866.462 billion FCFA, exceeding the target of 795 billion FCFA, with a surplus of 71.4 billion FCFA. This represents a realization rate of 108.99%, confirming the strength of efforts to mobilize resources.

Petroleum products generated 260.2 billion FCFA, surpassing the forecast of 240 billion FCFA, achieving 108.4% of the target and yielding a bonus of 20.2 billion FCFA. Solid goods contributed 606.1 billion FCFA, against an anticipated 555 billion FCFA, with a realization rate of 109.2%, producing a surplus of 51.1 billion FCFA.

Under the leadership of Inspector General Amadou Konaté, these achievements were supported by the implementation of 35 key reforms in 2024, which focused on modernizing customs procedures, combating fraud, and improving collection tools. These reforms helped enhance transparency and efficiency in revenue collection operations. Additionally, the customs administration made significant seizures, reflecting its commitment to tackling fraudulent practices.

Mali also stood out regionally. Inspector General Konaté served as Vice-President of the World Customs Organization for the West and Central Africa region. His efforts were centered on harmonizing customs procedures within the AES Confederation and promoting initiatives for the free movement of goods, in line with the goals of the African Continental Free Trade Area (AfCFTA).