Cambodian Earns US$ 1,497 Million from Tax Revenue in 2016

The General Department of Taxation (GDT) of the Ministry of Economy and Finance has announced has collected tax worth 5,988,7 billion Riel or US$ 1,497 million in 2016, equal to 105.32 percent of the target of Budget Law 2016.

The information was shared by H.E. Kong Vibol, Director General of GDT in an annual meeting on Jan. 12, under the chairmanship of H.E. Aun Porn Moniroth, Senior Minister and Minister of Economy and Finance.

Compared with the figure in 2015, the tax collection increased 778 billion Riel (US$ 194.62 million), up 14.94 percent, he underlined.

Source: Agency Kampuchea Press