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Côte d'Ivoire: 639.9 billion CFA francs in taxes collected in the 1st quarter of 2021

26/04/2021
Categories: Economy/Forex

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The Ivorian tax services organized a review seminar on the performance recorded and the outlook for the second quarter of 2021. On the occasion, the results of tax revenues for the first quarter of 2021 were unveiled.

In total, 639.9 billion CFA francs were collected in the first quarter of 2021 for a target of 634.8 billion CFA francs, i.e. a positive difference of 5.1 billion CFA francs. According to the Deputy Director General, Bamba Maférima, these revenues are experiencing "an increase of 74.8 billion CFA francs, a growth rate of 13.2% compared to the first quarter of 2020".

"These satisfactory results have been achieved, among other things, thanks to the good performance of economic activity, particularly in the mining sector, and the convincing results of the recovery of arrears," she said. The Directorate-General for Taxation intends to consolidate throughout the current fiscal year with the broadening of the base, the improvement of the recovery of arrears and the strengthening of the fight against tax fraud.

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