REVENUES collected by the Jamaica Customs Agency (JCA) for 2020 dipped during the last three quarters of the year by 24 per cent.

According to figures provided by the Government in the 2021/22 Fiscal Policy Paper (FPP), for the period between April and December 2020, Customs revenues fell by $43.6 billion to $135.5 billion.

The FPP said that the programme, which collects border revenue for the Government, has been challenged by the downturn in importation, stemming from the disruption of domestic and international activities as a result of the fallout from the novel coronavirus pandemic.

However, it insisted that, “despite the dynamics of the externalities”, the agency managed to stabilise its efforts with respect to its core mandate of revenue collection, which was above the period’s adjusted target of four per cent.

http://www.jamaicaobserver.com/news/jamaica-customs-reports-24-dip-in-revenues-in-2020_215403