Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Ethiopia’s Three-Month Tax Revenue Leaps 151%, ENA Reports

Don't Miss Out —
Follow us on:

    Dec. 2 (Bloomberg) -- Ethiopia’s revenue collection leaped 151 percent in the three months since July 7 from the year-earlier period, the state-owned Ethiopian News Agency said.

Tax receipts of 11 billion Ethiopian birr ($664 million) were 92 percent of the target for the period, Addis Ababa-based ENA reported, citing Revenue and Customs Authority Director General Melaku Fanta.

Improved revenue collection was highlighted by the International Monetary Fund in a November statement after reviewing Ethiopia’s macroeconomic performance.

To contact the reporter on this story: William Davison in Addis Ababa via Johannesburg at pmrichardson@bloomberg.net.

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.