Kudos to RRA for a job well done

Editor,That revenue collections have shot up by 23.8 percent to Rwf 476.9 billion this year compared to Rwf385.2 billion last year is indeed something worth mentioning.Like the Rwanda Revenue Authority said, this increment is partly due to a surge in imports and taxes levied on imports, to   help cushion against revenues lost as a result of cutting down on  fuel taxes.

Editor,

That revenue collections have shot up by 23.8 percent to Rwf 476.9 billion this year compared to Rwf385.2 billion last year is indeed something worth mentioning.

Like the Rwanda Revenue Authority said, this increment is partly due to a surge in imports and taxes levied on imports, to   help cushion against revenues lost as a result of cutting down on  fuel taxes.

This simply means that the more we import the more revenue we shall generate. But there is also another larger picture to this. It looks to me like at one point, imports will fall and give way to exports.

Personally, I believe the two scenario work for us. Though it is not generally recommendable to import, the taxes levied on imports benefit us. Once the imports plunge, we should pull all our efforts and embark on exports to generate foreign exchange.

Joseph Mukarange
Huye District

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