Tax revenues to fall by 22% by 2021

The government expects a drop in tax revenues of up to 22% by 2021.The general budget of the nation (PGE) for 2021 estimates tax revenues of Bs 42,565 billion ($6,170 billion), down from the Bs 54,575 billion ($7,911 billion) budgeted last year. The PGE envisages a total allocation of Bs.228.357 billion ($33.105 billion), 18.6% of which comes from tax revenues.

Source: El Deber