The monthly tax contribution of ABBAHAWA Trading PLC, the company engaged in multiple sectors from export to manufacturing and export, said its monthly income, excise tax contribution has surpassed ten million birr (about 282,000).
Supporting Ethiopia’s home–grown economic reform, the International Monetary Fund (IMF) has agreed with Ethiopian government at technical level to provide the latter 700% more than its quota.
The Government of Ethiopia is set to boost its annual income from excise tax every year by around a billion dollars, said a government official.