Africa > Central Africa > Congo Brazzaville > 2014, Brazzaville tax revenues estimate will rise

Congo Brazzaville: 2014, Brazzaville tax revenues estimate will rise

2013/12/23

Congo has mapped out plans to increase its tax receipts in 2014, the Director General of Taxation in Congolese Ministry of Finance and Economy, Antoine Ngakosso, revealed here Friday.


'Effective January 2014, tax revenues estimate will rise from 560.5 to 650 billion CFA francs, which is equivalent to an increase of 89.5 billion CFA francs,' Ngakosso told reporters in Brazzaville, the Congolese capital.

The tax department in Pointe-Noire, the major economic and industrial city of the country, has been ranked initial in the collection of taxes.

It is expected that levy rate will increase to 23.5 % while the Gross Domestic Product (GDP) is projected to be 2912.2 billion FCFA (excluding oil) .

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