Pandemic sends revenue plunging after boom months

 
1,093Views 3Comments Posted 06/05/2020

Government revenue, a victim of the pandemic fell $562.7 million below budget projections for the months of March and  April  reports the Ministry of Economy and Finance (MEF).

It was scheduled to collect $ .1,244.1 billion but reached only $681.5 million.

I n the months of January and February, before the COVID-19 impact,

the revenue collection of the Central Government was  11.7% higher than the budget schedule.