Togo: Lomé's airport paid the State XOF3.54 billion of royalties over the past three quarters, far above expectations

Economic governance
Tuesday, 26 November 2019 13:49
Togo: Lomé's airport paid the State XOF3.54 billion of royalties over the past three quarters, far above expectations

(Togo First) - Over the past three quarters, Lomé's airport generated for the State XOF3.54 billion of royalties.

This figure is 168% more than the amount expected by the government under its 2019 finance law (2.1 billion). It is also far above the XOF670 million collected last year over the same year.

In detail, the AIGE paid 1.19 billion in the first two quarters, and 2.35 billion in the third.

Let's recall that over the first five months of 2019, traffic at the airport was estimated at 150,660 arrivals and 95,279 departures. These represent respective increases of 13.3% and 7.8% compared to the year before.

R.E.D

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