The Ethiopian Ministry of Revenues announced that it has collected over 221 billion birr in revenues in eight months. The amount is 92.16 percent of the 240.34 billion birr target set for the period, the Ministry noted.

The revenues collected has shown a rise of 15.78 percent or 30.19 billion birr, Lake Ayalew, Ethiopia's Minister of Revenues, pointed out.

Out of the 221 billion birr collected during the eight-month period, 131.12 billion birr has been secured from local tax, while 90.37 billion birr has been obtained from customs duties.

Mr. Lake once again thanked honest taxpayers who pay their taxes on time, as well the staff of the Ministry and customs offices at various levels, and all stakeholders and the general public for the achievement. He also called on all to continue to do their part to sustain the achievement in the coming months.

The Ministry of Revenues had collected 196.7 billion birr revenues in seven months, 24.3 billion birr being collected in the additional one month period.

Source: Ministry of Revenues (Official Facebook page)