Zimra surpasses July target, collects $302,8 million

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Zimra surpasses July target, collects $302,8 million

In its update for the month of July, the Zimbabwe Revenue Authority (Zimra) revealed that it exceed its $296,4 million target for July after it collected $302,8 million.

After deducting $16,37 million refunds, Zimra had a net revenue of $286,49 million. Net revenue collections were 6,34% above the target and exceeded the July 2016 collections by 16,37%. Zimra also reported that collections from January 2017 were also above the 2016 collections except for April and June when targets were missed by 6,70% and 2,24% respectively.

More: Financial Gazette



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