Budget Revenue Share Of GDP Down To Four-Year Low

07.29.2014 By Claudia Medrega

The government came with two successive waves of taxation changes in 2013, followed by a new taxation increase in the first half of this year, but despite the new or higher taxes, the total revenue of the consolidated budget fell towards 15% of the gross domestic product after the first six months.

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Keywords:
tax
, revenue
, budget
, collection