The revenue authority of Ethiopia says it has collected 145 billion birr ($5 billion) during the first nine months of Ethiopian fiscal year started July 8, 2018. The tax collection of the country has improved following the recent reform and restructuring of tax collection authorities. At the end of this year the Ministry plans to collect 213 billion birr tax (around $7.5 billion). Ethiopia’s tax collection increased from Birr 12.4 billion in 2005 to Birr 165.3 billion in 2015 indicating over thirteen fold increase in the decade, according to the 2017 study by the UN Development Program, entitled Performance and Prospects of Tax Collection in Ethiopia. In 2005 Ethiopia’s tax to GDP ratio was 12.5 percent after a decade of robust and strong economic growth this ratio came to 13.4 percent posting very little progress.

Source: Ethiopian News April 20, 2019 15:56 UTC