Burkina Faso achieves 95.84 percent of targeted tax incomes in 2016

Burkina Faso has achieved 95.84 percent of its targeted tax incomes recovery over 2016, tax authority disclosed here on Friday.

"In 2016, we recovered 617.39 billion CFA Francs (1.006 billion U.S. dollars) out of an overall objective of 644.20 billion CFA Francs (1.05 billion dollars) representing 95.84 percent of the achievement rate," Adama Badolo, tax authority general director, said in an opening speech of a meeting that marks the beginning of a new fiscal year in the West African country.

Adama said several coordinated actions including the mobilization and commitment of agents, services organization and flat fees for properties mutation have enabled the outstanding achievement.

For the year 2017, the tax authority has planned a 720.69 billion CFA Francs (1.174 billion U.S. dollars) recovery for an overall 1,438.27 billion CFA Francs (2.34 billion U.S. dollars) targeted. Endi