Govt Secures 225 Billion Birr In Six-Month Tax Revenue, A 31.8% Growth.

Govt Secures 225 Billion Birr In Six-Month Tax Revenue, A 31.8% Growth.

• Business
• January 31, 2023

The figure has shown a 31.8% or 54.6 billion Birr increase as compared to similar months last year, according to the Ministry of Revenues report. The ministry, however, nearly missed its target tax for the first half of the 2022/23 fiscal year.

Tax authorities started the fiscal year in July 2022 with a plan to collect 228.2 Billion Birr during the first half of the year.

Revenues minister Aynalem Nigussie said the ministry managed to achieve 99% of the target for the period, collecting 225.9 Billion Birr in taxes.

Source:Ethipian Monitor (January 27)