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OBR Collected BIF 63.50 Billion In April 2014

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Provisional revenue collection results for April 2014 show that OBR collected BIF 63.50bn. The corresponding target was BIF 43.02bn, meaning that the results are 47.62% above target. Compared with the revenues collected in April 2013 (38.99bn), the results show an increase of BIF 24.51bn. This is a 62.87% year-on-year increase in monthly revenue performance.

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Working group meeting around Authorized Economic Operators program (phase II) and Customs modernization – EAC.

EAOFrom March 18th, 2014 started at Panoramic Hotel a five day working meeting around Authorized Economic Operators program (AEO-Phase II) and Customs modernization. The activities were launched by the Deputy Commissioner General of OBR(Burundi Revenue Authority) who reminded the advantages of the AEO Program such as Pre-clearance, local clearance, self-management, inward processing and the guarantee  waiver which permit Economic Operators to save costs in time and expenses.

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OBR Collected BIF 40.65 Billion In February 2014

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Provisional revenue collection results for February 2014 show that OBR collected BIF 40.65 billion. Considering that the monthly target was BIF 37.50 billion, meaning that the results are 8.40% above target.

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OBR Collected BIF 51.88 Billion In January 2014

calculetteProvisional revenue collection results for January 2014 show that OBR collected BIF 51.88bn. The target for January was BIF 53.06bn, meaning that the results are 2.22% below target. The main reason for the shortfall is a dividend which was originally forecast to be paid in January, and will eventually be paid in full in February.

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