Ethiopia: Ministry of Revenues Collects 95% of Revenue Target in Nine Months - News Summed Up

Ethiopia: Ministry of Revenues Collects 95% of Revenue Target in Nine Months


The Ministry of Revenues (MoR) collected Birr 374 billion in revenue over the past nine months. The collected revenue represents 95% of the ministry's target of Birr 391 billion for the same period within the Ethiopian fiscal year. The ministry's performance report provided a breakdown of revenue sources. Domestic sources contributed Birr 235.19 billion, while foreign trade generated Birr 139 billion. Additionally, the ministry seized contraband goods and illegal foreign currencies valued at approximately Birr 11.81 billion.


Source: Ethiopian News May 06, 2024 11:20 UTC



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