Addis Ababa, April 28, 2020 (FBC) –The Ministry of Revenue announced that it has collected more than 183 billion birr in revenue during the last nine months, achieving 96% of its target.
The plan was to earn 190.7 billion birr, according to a statement issued by the Ministry.
However, it said, the revenue obtained in nine months surpassed by 25.6% compared to the same period the previous fiscal year.
In a virtual performance evaluation held today, Lake Ayalew, Minister of Revenue, said more efforts will be made to step up his Ministry’s income generation capacity.
The Ministry has a plan to raise the revenue collected from various income titles to 270.2 billion birr when this Ethiopian fiscal year ends in early July.