Breaking News

Central African Republic suffers revenue losses due to virus

Last updated on September 11th, 2021 at 02:39 pm

The Central African Republic, one of the world’s poorest nations, is struggling with the impact of the coronavirus on its economy.

The country now has more than 4,000 confirmed COVID-19 cases and 52 deaths, according to recent figures compiled by Johns Hopkins University.

There still seem to be plenty of fish in the Oubangui river which flows beside CAR’s capital Bangui.

Locals in the capital Bangui are complaining about a hike in food prices.

Even local fish, they say, is now expensive because armed groups “prey on the transporters.”

“How can we move forward like this? Our government isn’t even looking out for us. We are all going to die,” one fish vendor asked.

Much of the landlocked nation’s basic supplies come by road from neighboring states.

Lawlessness in the countryside has long been a problem with armed groups frequently attacking and shaking down transporters.

The PK26 customs control post at the northern exit from Bangui is the main customs revenue collection post for goods from neighboring Cameroon.

Customs officials say they have been seeing a sharp drop in arrivals of truck convoys, partly due to COVID-19 testing causing delays at the borders.

In a typical week, the officials say, they see around 150 trucks passing, but now that figure is only 40.

That means less tax revenue for the state.

In March alone, the customs officials say that revenues were down by around 3 million euros.

Customs revenue is one of the main financial windfalls of the Central African State.

The government is calling for the country’s international financial partners to help them to address the fiscal shortfall, or risk the fragile nation already with a large United Nations peacekeeping mission sink further.

(AP)

Albert Echetah

Recent Posts

Pastef party led by Ousmane Sonko wins historic election victory

Senegal's ruling Pastef party has won a resounding victory in the legislative elections, taking130 of the 165 seats in parliament,…

November 22, 2024

Famine Risk Reaches Critical Levels as FoodCrisis Deepens In Gaza

Gaza’s hunger crisis is not only statistic, but a set of narratives such as Yasmin Eid, amother of six, who…

November 22, 2024

Kenya Launches Official Probe intoUgandan Leader’s Alleged Kidnapping

The government of Kenya announced that it is looking into the suspected kidnapping ofKizza Besigye, a well-known opposition politician from…

November 22, 2024

At least 7 members of the Nigerian security forces are missing after insurgentsambushed their convoy

A team of 80 security agents tasked with protecting the electricity grid was ambushed onMonday in Shiroro, Niger State, by…

November 21, 2024

Cryptocurrency Gains Momentum inAfrica Amid Global Shifts in Trump’sElection

Cryptocurrency becomes the new thing in Africa. People shift for stable alternatives aftertheir unstable local currencies. Many people believe Donald…

November 21, 2024

UAE Delivers Lifeline: 30,000 Food BasketsBring Hope to Sudanese Refugees in Uganda

UAE has also distributed 30,000 food baskets to Sudanese refugees in Kiryandongo refugeecamp Uganda to benefit nearly 100,000 affected people.Aid…

November 21, 2024

This website uses cookies.