Jan.-July revenue jumps 10.1% to US$7.7B – DomRep

  • During the January-July 2019 period, DomRep government revenue reached RD$390.2Bn (US$7.7Bn), including RD$378Mn in donations, a 10.1% jump over the same period of 2018, with an additional RD$35.8Bn.
  • General Directorate of Tax Policy and Legislation of the Ministry of Finance reported on this in a statement on Tuesday, where he detailed that the General Directorate of Internal Taxes raised $287.7Bn pesos, representing an increase of 10.5% compared to 2018.
  • The General Directorate of Customs generated $80.4Bn in tax revenue, that is, 6.3% more than in 2018; the National Treasury received $21.7Bn, which represents an additional 20% than in the first seven months of last year.

(Source: Dominican Today)