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.
The Ministry of Revenue of Ethiopia collected 217.24 billion birr (about $6.32 billion) tax income during the first eleven months of the current budget year of Ethiopia, winch started July 8, 2029.
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).
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.
Meeting its target by 99%, the Oromia of Region of Ethiopia collects 9.187 billion birr ($325.8 million) tax in the first six months of Ethiopian Calendar started July 8, 2018.
