Cambodian gov’t income hits 20-year high in 2019

The Cambodian government’s fiscal revenues from tax, customs and excise hit a 20-year record last year, exceeding the target and rising nearly a third year-on-year, the Khmer Times reported on Friday.

According to figures from the Ministry of Economy and Finance, the revenue was 6.03 billion U.S. dollars, representing about 90 percent of the budget in 2019.

Tax rose by 28 percent last year to 2.82 billion dollars, and revenues from customs and excise amounted to 3.21 billion dollars, a year-on-year increase of 30 percent, according to a ministerial news release.

In full: http://www.xinhuanet.com/english/2020-02/28/c_138827368.htm

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