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Egypt's cargo village saw 10% rise in customs revenues in 2013

Higher volume of imports and increased collection of fines led to growth in revenues at Egypt's customs cargo village in 2013

Ahram Online, Sunday 12 Jan 2014
Egypt's customs cargo village achieved a 10 percent increase in revenues in 2013, reaching LE3.5 billion ($500 million), according to state news agency MENA.
The increase in revenues is due to the rise in Egyptian imports and collected fines, declared Ahlam Salama, head of the Central Administration of Customs Cargo Village on Sunday.
Collected fines on 133 smuggling and billing forgery attempts contributed LE3.6 million ($517,000) to the increase.
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