$719m COMESA bonds executed
Published On November 16, 2023 » 757 Views» By Times Reporter » Business, Stories
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By KETRA KALUNGA –
THE Common Market for Eastern and Southern Africa (COMESA) says over 1,240 Regional Customs Transit (RCTG) bonds worth US$ 718.9 million have been executed this year.
This is in comparison to 1,282 amounting to US$ 994.1 million issued during the same period last year.
COMESA assistant Secretary General for programmes Mohamed Kadah said this represented a decrease of 3.3 per cent and 27.7 per cent in the number of RCTG bonds executed and amount of bond lodged.
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