The Government of Ethiopia has increased its annual tax revenue for the budget year concluded July 7, 2020 by 18 percent (almost one billion dollar) compared to the previous year.
Ethiopia’s tax revenue has increased by over one billion dollar this year compared to the previous year. The Ministry of Revenue of Ethiopia has collected close to 198.5 billion birr (about $5.9 billion at the current exchange rate) during the first ten months of the current budget year started July 8, 2019.
Over the past nine months (July 2019 to March 2020) the government of Ethiopia has collected 183.2 billion birr ($5.5 billion at the current exchange rate).
The Government of Ethiopia launches an electronic platform that will enhance efficiency in trade logistics landscape of the country by speeding the customs process for importers and exporters.
The Government of Ethiopia has collected a total of 109.2 billion birr (about $3.5 billion at the current exchange rate) tax during the first five months the current budget year.
During Ethiopian fiscal year concluded on July 7, 2019, Ethiopia has collected a total tax revenue of 198.2 billion birr (around $6.9 billion), which is $761 million more compared to previous year.
