Fiscal administration claims a sharp rise in tax revenue: ALL 8.9 bln more

The tax administration, including the Tax and Customs, has managed to collect more revenue in the state coffers than a year ago.

Referring to the previous fiscal indicators of the Ministry of Finance, it comes out that during five months this administration were collected ALL 150.4 billion, or 8.9 billion more than the same period a year earlier, when they collected about ALL 141.4 billion.

According to these data revenues from taxes on the value of ALL 91 billion, while customs ALL 59.3 billion.

Throughout the past year, the underperformance in the implementation of tax and customs revenue was the main cause why some heads of these institutions were replaced.

But it seems that the launch of this year’s budget has changed the trend of poor performance in revenue collection.

The revenues to the state budget continued the upward trend during the first five months, garnering more than the same period a year ago.

The heads of public finances, who explain the growth of the revenue with the recent reforms, claim that a positive effect has come from the change of the fiscal administration approach in relation to business.

SCAN

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