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Burkina Faso: The General Directorate of Taxes plans to collect 1.105 billion CFA francs in 2022

24/01/2022
Categories: Economy/Forex

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The Directorate General of Taxes (DGI) organized its 7th tax return this Friday, January 21, 2022 in Ouagadougou. On the occasion, she took stock of the past year and outlined the outlook for 2022.

The Director General of Taxes, Moumouni Lougué, indicated that on an upwardly revised forecast of more than 956 billion CFA francs, the DGI achieved an extraordinary annual collection of more than 1,050 billion CFA francs as of December 31, 2021, i.e. a rate of 109%. This constitutes an increase compared to the 2020 financial year in absolute value of 189 billion FCFA and in relative value of 21.93%. With regard to the local authorities' budget, the DGI collected more than 37 billion CFA francs out of forecasts of more than 40 billion CFA francs, representing an achievement rate of 92.12%. These results were achieved thanks to the computerization and dematerialization of tax procedures, the promotion of good citizenship, the strengthening of the fight against tax evasion, the improvement of state, land and cadastral management.

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