Tuesday, May 28, 2024
HomeLatestEthiopia's ambitious tax movement aims 2.3 trillion birr by end of next...

Ethiopia’s ambitious tax movement aims 2.3 trillion birr by end of next fiscal year

Ethiopia has an ambitious tax goals to pay for a range of social and economic programs. It has launched a tax movement in an effort to create awareness but the tax goal seem to be difficult to achieve.

Tax movement _ Ethiopia
The 5K event at Mesqel square
Photo credit : EBC

February 17,2019

On Sunday, the ministry of revenue organized a 5K race in the capital Addis Ababa and the minister for revenue, Adanech Abebe, along with the minister for transport, Dagmawit Moges, and long distance legend Haile Gebreselassie who is also one of the few business tycoons in the country were part of the event at Mesqel Square in the city center.

The event in Addis Ababa is seemingly part of the Ministry’s strategy of awareness creation campaign about the importance of paying government taxes for development of the country.

Similar races have been organized in regional cities to raise awareness about taxes. It was months ago that Ethiopia has launched a national tax awareness campaigns.

As it turns out, the movement has become noticeable and is capturing the attention of Ethiopians.

The Ministry of Revenue has ambitious plans to collect 2.3 trillion Ethiopian birr (about US $100 billion) by the end of next Ethiopian fiscal year, according to a report by regional state media – AMMA.

However, it seems to be the case that the ministry is falling short of its goal. If the plan was to be a success, Ethiopia’s intention was to invest 60 % of it on clean water, health, education and training and Road construction, among other spending areas.

Abiy Ahmed’s administration is also mobilizing Ethiopians living about to contribute a dollar a day for the development of Ethiopia and has established a trustee for the purpose.

Join the conversation. Like borkena on Facebook and get Ethiopian News updates regularly. As well, you may get Ethiopia News by following us on twitter @zborkena



Please enter your comment!
Please enter your name here