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HomeAfricaGabon's tax revenues up by 18.2% in 2010

Gabon’s tax revenues up by 18.2% in 2010

The Bank of the Central Africa States (BEAC) said Thursday that in 2010, Gabon obtained more than CFAF 1,703.6 billion from tax revenues, against the CFAF1, 441.5 billion in 2009, registering an increase of 18.2 per cent.

“This outcome resulted from the level of collection of oil revenues, which increased by 38.3 per cent in 2010,” BEAC said in a communiqué published in Libreville, the capital of Gabon.

Oil revenues brought the country CFAF 982.1 billion in 2010, against CFAF 606 billion in 2009.

“Non-oil revenues were CFAF 721.5 billion in 2010, against CFAF 730.8 billion in 2009, which is a decline of 1.3 per cent,” BEAC underscored.

“Total expenditure reached CFAF 1,511.7 in 2010, against CFAF 1,186.2 billion in 2009, or an increase of 27.4 per cen,” BEAC added

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