• Inside Labour

    Government's farming policies have had a damaging effect, says Terry Bell.

  • Hunter feeling the heat

    The killer of Cecil the lion is now the one getting hunted - by outraged Americans.

  • Making media behave

    Is patriotic reporting another name for whitewashing corruption, asks Leopold Scholtz.

Loading...
See More

Burundi tax revenues rise 11%

Nov 27 2012 16:38
Reuters
Bujumbura - Burundi's tax revenues rose 11% year-on-year to $294.6m in the 10 months to October, due partly to improving business activity in the tiny central African nation, its revenue body said on Tuesday.

A new centralised revenue authority, known as OBR, was established in 2010 with the main goal of maximising the tax base to allow the landlocked central African nation to cut its reliance on external budget support.

Half of Burundi's budget is still funded by donors.

"June, July and August has been a period of intense commercial activities, and this has had positive effect on revenues of the entire 10 month period," OBR said in its monthly report.

Monthly tax revenues climbed to 60.6 billion francs in October this year from 47.6 billion francs in October 2011.

The revenue agency projects tax revenues to 600 billion francs this year, up from 471 billion francs collected in 2011.
burundi  |  tax revenue

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About...

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Introducing tablets in schools is:

Previous results · Suggest a vote

Loading...