As we progress in analyzing the domestic revenue mobilisation by the National Revenue Authority into the 8th month of the year 2020, the data continue to show there was more domestic revenue generation in 2019 than there is in 2020. Le 3.46 trillion (64%) of the NRA’s revised domestic revenue in 2020 has so far been raised […]
This 2021 citizens’ guide to the national budget is prepared by the by the Ministry of Finance in collaboration with Budget Advocacy Network (BAN) with technical assistance from the Oxford Policy Management (OPM) Strengthening Public Financial Management project funded by the UK Foreign, Commonwealth and Development Office (FCDO), formally Department for International Development (DFID)
This second edition of the “Revenue Analysis Report” tracked the COVID-19 impact on the domestic revenue mobilisation. The revised target for FY2020 from Le6.47 trillion to Le5.39 trillion slumped the domestic revenue generation by Le1.1 trillion. This also impedes the broader target of meeting the 20% of domestic revenue to GDP by 2023.