Africa
The Rwanda Revenue Authority (RRA) failed to realise its tax target for the 2019/2020 fiscal year due to the COVID-19 pandemic, an official said.
The Commissioner-General, Rwanda Revenue Authority (RRA), Bizimana Ruganintwali said this while launching taxpayer’s appreciation month, which was aimed at promoting tax awareness.
Tax and non-tax revenue collected in 2019/2020 was 1,516.3 billion Rwandan francs (1.55 billion U.S. dollars), equivalent to 95.4 percent of the targeted 1,589 billion Rwandan francs (1.63 billion U.S. dollars), Ruganintwali said.
Tax collection by the local government fell short and achieved 90.8 percent of the target, said Ruganintwali.
The government imposed various restrictive measures to contain the spread of COVID-19, including the closure of borders and a nationwide lockdown, before and after the central African nation reported the first case in March.
The Rwandan Health Ministry on Wednesday reported 12 new cases, bringing the national tally to 5,174 with 4,930 recoveries and 35 deaths. (Xinhua/NAN)
– Nov. 5, 2020 @ 12:59 GMT |
Tags: Rwanda’s tax body fails to achieve collection target due to COVID-19
