ABIDJAN (Reuters) – Ivory Coast’s tax receipts rose by 20% in 2021 to 2.82 trillion CFA francs ($4.88 billion), the general director of the tax authority Abou Sie Ouattara said on Thursday.
Ouattara said the final number had come in higher than an initial forecast of 2.70 trillion CFA francs. The authority is targeting 3.11 trillion CFA francs in 2022 as digitization facilitates collection, he added.
“Digitization is our saving grace,” he told reporters.
Ivory Coast, the world’s top cocoa producer, accounts for around 40% of the combined gross domestic product of the eight-nation West African CFA franc currency zone.
($1 = 577.5000 CFA francs)
(Reporting by Loucoumane Coulibaly; Editing by Aaron Ross and Jan Harvey)
