Cambodian Earns US$1,408 Million from Tax in First Eleven Months

The General Department of Taxation (GDT) of the Ministry of Economy and Finance has announced its achievement in tax collection in the first 11 months of this year.

From January to November 2016, a total of 5,634 billion Riel or some US$1,408 million have been collected as tax income, up 19.03 percent compared to the same period last year, H.E. Kong Vibol, Director General of GDT said in a recent meeting.

The figures represented 99.09 percent of the target stated in the 2016 National Budget Law, he added.

Source: Agency Kampuchea Press