In a gloomy economic context marked by covid-19, the Ivorian government is continuing its tax mobilization plan to support the state budget. The target set for the third quarter of this year has been largely exceeded.
Between July and September this year, the Ivorian General Directorate of Taxes (DGI) has collected $1.3 billion (CFA743.6 billion) in tax revenue. "Our initial tax target was CFA660.2 billion for the period. We achieved a surplus of CFA83.4 billion. This makes a mobilization rate of 112.6%," said Sié Abou Ouattara (pictured), Director General of Taxes.
According to him, this good momentum is expected to continue over the 4th quarter. "We are already on the right track […] we must continue to implement the ambitious reforms already underway," he said.
For the fourth quarter of 2021, the authorities eye a tax mobilization of CFA606.6 billion ($1.06 billion), about CFA54 billion ($95 million) less than the third quarter. The tax burden in Côte d'Ivoire remains low. The government estimates it at about 12.5%, while the average rate within the West African Economic and Monetary Union (WAEMU) is 20%. The authorities hope to close this gap to achieve higher tax mobilization rates.
For the whole 2021 year, the General Tax Directorate seeks to collect CFA2,748.7 billion ($4.8 billion), up CFA396.5 billion ($698 million) compared to 2020.
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Visit scheduled from February 4 to 6, 2026, at the invitation of President Hakainde Hichilema Tal...
The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...
Nigeria launched a 50-block oil licensing round in December 2025 and eased financial terms in January 2026. The upstream regulator urged state-owned...
Africa’s two-wheel motorcycle market should reach $5.55 billion in 2026 and $7.29 billion by 2031, driven by urbanization and informal...
The United States committed $156 million to Burundi’s health sector over five years under a new memorandum of understanding. Burundi must...
South Africa decided to withdraw more than 700 troops from the UN mission in the Democratic Republic of Congo by end-2026. Pretoria cited the...
Essaouira is a coastal city in Morocco, on the Atlantic Ocean, in the Marrakech–Safi region, about two and a half hours by road from Marrakech. It stands...
The Pan African Film & Arts Festival (PAFF) will run from February 7 to 22, 2026, in Los Angeles, positioning itself as a major soft power platform for...