This was driven mainly by a fall in tax revenue (US$15.2 million) and in grants (US$6.2 million) despite over collection of US$1.2 million in non-tax revenue. The spread of COVID-19 in the global economy affected domestic resources mobilization at end February 2020, with US$294.2 million of revenue was collected. This was mainly attributable to US$18.8 million under collection in grants and US$12.6 million under collection in tax revenue despite over collection of US$8.2 million in nontax revenue. Under collections in taxes on international trade (US$14.3 million) and in taxes on goods and services (US$4.1 million) were responsible for the massive under collection in tax revenue. Let’s act on the lessons we have learned.”The above statement is in line with government’s policies to mitigate the negative impacts of COVID-19 with regard to tax collection.

Source: Front Page Africa May 07, 2020 11:03 UTC