The report attributed the rise in the deficit to the increase in the value of expenses compared to revenues during the study period, while the recorded its first deficit to GDP increase of 3.5%, compared with 2% during the same period of the previous year.
On the revenue side, it has made a rise of 3.9% during the study period to reach 184.9 billion pounds, compared with 178 billion pounds during the same period last year, which attributed the report to higher tax revenues rose by 16%, which exceeded the impact of the significant reduction in non-tax revenues by 20% during the period from July to February, 2012/2013.
The report said, that tax revenues rose due to the increase in votes from all sections especially the income tax, and taxes on goods and services which Artfta by 12.7% and 18.6%, to Ahakqa 56.5 billion pounds and 58.6 billion pounds during the study period, compared with 50.1 billion pounds and 49.4 billion pounds respectively during the period from July to February of the previous fiscal year.
And increased property taxes, and taxes on international trade, "Customs" by about 29% and 9.3%, Asgela 10.8 billion and 10.77 billion pounds during the study period, compared to about 8.4 billion pounds and 9.9 billion pounds respectively during the same period a year Previous.
On the revenue side, it has made a rise of 3.9% during the study period to reach 184.9 billion pounds, compared with 178 billion pounds during the same period last year, which attributed the report to higher tax revenues rose by 16%, which exceeded the impact of the significant reduction in non-tax revenues by 20% during the period from July to February, 2012/2013.
The report said, that tax revenues rose due to the increase in votes from all sections especially the income tax, and taxes on goods and services which Artfta by 12.7% and 18.6%, to Ahakqa 56.5 billion pounds and 58.6 billion pounds during the study period, compared with 50.1 billion pounds and 49.4 billion pounds respectively during the period from July to February of the previous fiscal year.
And increased property taxes, and taxes on international trade, "Customs" by about 29% and 9.3%, Asgela 10.8 billion and 10.77 billion pounds during the study period, compared to about 8.4 billion pounds and 9.9 billion pounds respectively during the same period a year Previous.
No comments:
Post a Comment