{Burundi’s tax revenues edged higher in April compared with the same period a year earlier, but were still 14 percent short of the government’s target, the revenue authority said on Wednesday.}<\/p>\n
The impoverished country has become increasingly dependent on its own tax revenues since donors cut aid in reaction to the government’s crackdown on protests.<\/p>\n
The semi-autonomous revenue board (OBR) said it collected 51.2 billion Burundi francs ($30.05 million) in April, up 1.1 percent on a year earlier, but still below the 59.5 billion francs the government wanted.<\/p>\n
Cumulative revenues between January and April reached 229.6 billion francs, again better than the 200.5 billion francs collected during the same period in 2016, but short of the 230.2-billion-franc target.<\/p>\n
President Pierre Nkurunziza’s decision to run for a third term in April 2015 triggered widespread protests, an ensuing rush of refugees out of the country and an economic slowdown.<\/p>\n
The International Monetary Fund (IMF) predicts the coffee producer nation will have a nil economic growth this year after shrinking in 2016. ($1 = 1,704.0600 Burundi francs) (Editing by George Obulutsa and Andrew Heavens)<\/p>\n
Source:Times of India <\/p>\n","protected":false},"excerpt":{"rendered":"
{Burundi’s tax revenues edged higher in April compared with the same period a year earlier, but were still 14 percent short of the government’s target, the revenue authority said on Wednesday.} The impoverished country has become increasingly dependent on its own tax revenues since donors cut aid in reaction to the government’s crackdown on protests. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[99],"byline":[158],"hashtag":[],"class_list":["post-34642","post","type-post","status-publish","format-standard","hentry","category-news","tag-greatlakesnews","byline-b_igi_adm1n"],"bylines":[{"id":158,"name":"b_igi_adm1n","slug":"b_igi_adm1n","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":1}],"contributors":[{"id":158,"name":"b_igi_adm1n","slug":"b_igi_adm1n","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":1}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/34642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=34642"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/34642\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=34642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=34642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=34642"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=34642"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=34642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}