TRA SETS 15-YEAR RECORD AS TARGET NOW WITHIN REACH

TRA Commissioner General, Mr Alphayo Kidata.

Dar es Salaam - The government could be finding it easy to implement the current Budget as revenue collections are almost in line with targets.

In one of the best performances for a period of about 15 years, data produced by Tanzania Revenue Authority (TRA) show that actual tax collections were above 97 percent of the target.

With improvement in domestic revenue collection at a time when relations between Tanzania and its development partners have improved significantly during the past one year of President Samia Suluhu Hassan’s Administration, the government’s budget implementation was currently at a rate that had rarely been witnessed in the past.

“Actual budget implementation has reached an all-time high: at an average of 93.6 percent... This is the highest budget implementation level for the government… In fact, some councils have received allocations of up to 160 percent,” the Finance and Planning minister, Dr Mwigulu Nchemba, told editors in Arusha last month.

Actual data released by TRA at the weekend show that, so far, the taxman had garnered Sh16.69 trillion during the first nine months of the current financial year: 97.3 percent of the set target of Sh17.15 trillion during the period.

This is also equivalent to a monthly average revenue collection of Sh1.854 trillion.

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