Gov’t reports 93% of revenue collected as of July 31st
By: L.N. Reklai
August 3, 2016 (Koror) Minister of Finance Elbuchel Sadang reported that the national government, as of July 31, 2016, has collected 93% of the total budgeted revenue for FY 2016.
According to revenue collection report for month ending July 31st, 96% of budgeted tax revenue have been collected with 2 more months remaining in the FY 2016.