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Tuesday, 24 June 2008 |
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Tax Revenues
In 2006, data from RRA show that the collected fiscal and customs receipts reached an amount of 193.6 billions Frw against 188.6 billions projected in the finance law review and 183.6 billions stated in the poverty reduction program. The fiscal revenues consistently increased from a 20.7% in 2005, it went up again by 18% in 2006; this rise was 20.7% in 200.
Non tax revenues
Compared to the year 2005, the non tax revenues collected during the year 2006 decreased by 17%, dropping down from 17.7 to 14.6 billions of Frw. However, the collected tax was 2.8 billions of Frw higher than the forecasts.
Current grants and external disbursment
During the year 2006, in order to finance the recurrent budget, the country received external grants equivalent to 169.1 billions Frw. The current grants rose to 73.2 billions of Frw while the capital grants rose to 95.9 billions frw. The share of the grants in financing the state budget increased in 2006. the EIB.
Current lending
During the year 2006, the government of Rwanda got a loan of 4.3 billions Rwfs from the ADB as well as a loan amounting to 3.8 billions from the World Bank for the demobilization program.
Capital lending
Disbursed loan for financing development projects in 2006 was estimated to be 29.5 billions of Frw against 29.5 billions of Frw stated in the budget, i.e. an execution rate of 100%.
Public spending
At the end the year 2006, total authorized spending amounted to 316.5 billions of Frw against a budget of 313.2 billions Frw, that is an execution rate of 102%; the authorized total spending on recurrent budget reached 281.5 billions Frw against 283.5 billions of Frw, that is an execution of 99.3%, while the spending on development budget, financed by the national resources, totalized an amount of 34.9 billions Frw against 29.6 billions Frw, i.e. an execution of 118%.
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