Economic

Tax expert: The tax revenue does not exceed 10%

Sudan Events – Rehab Abdullah

The former Secretary of the Tax Office, the financial expert, Ahmed Adam Salem, doubted that public revenues in the state had decreased by 80%, according to the Minister of Finance. He said in his speech to (Al-Ahdath) based on his work as Secretary General of the Tax Office, and according to his follow-up of the process of collecting and collecting revenues, the percentage of decline in self-revenue during the past year was greater than what the minister mentioned, and the percentage of self-revenue receipts I do not think exceeds only 10%.
Pointing out that the decline in the export and import process, and the impact of the movement of internal trade, transport and markets by the security situation in which the country is experiencing, increased the complexity of the economic situation and the decline in internal revenues, in addition to the expansion of the war to reach the state of Gezira and a large part of the states of Darfur and Kordofan, which constituted the main source of export crops, which It contains most of the tax base for most state revenues.
He pointed out that most of the major companies that were paying more than 70% of fees and taxes have stopped with most of the national capital, businessmen and investors leaving their remaining savings outside Sudan, all of this was a natural result of the war currently taking place in Sudan.
Salem stressed that one of the most important sources of revenue for the state in these circumstances is increasing gold production and controlling it because most of the gold is produced in safe states, provided that strict measures are taken to prevent gold smuggling, organize the marketing process, fully control gold exports, and control the exploitation of export revenues by reducing and rationalizing the bill. Imports, in addition to increasing and securing petroleum production and oil export fees from the South, and encouraging international companies to enter the petroleum industry and other minerals with quick and rewarding returns in safe states.

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