Togo: Tax authority collected CFA720 billion in 2021

Public finance
Tuesday, 11 January 2022 10:27
Togo: Tax authority collected CFA720 billion in 2021

(Togo First) - The Togolese Tax Authority (OTR) collected around CFA720 billion throughout the past year, up 9% against the amount it mobilized in 2020 – CFA652 billion – and 13% compared to 2019’s 624 billion.

Philippe Tchodie, Commissioner-General of the OTR, lauded the result recorded amidst the Covid-19-induced health and economic crises. He said 2021 was “an exceptional year, regarding the mobilization of tax and customs revenues.” 

Tchodie attributed the outstanding evolution of Togo’s tax earnings over the past three years to several measures employed, among others, to promote tax compliance, accelerate procedures’ dematerialization and digitization. These, he noted, helped limit tax fraud.    

Last December, the OTR and its Commissioner-General received two awards during the 5th Gala Dinner of the African Observatory for the Promotion of Good Governance (OAPBG) which was held in Abidjan. These awards are the "Prize for the Best Public Administration in Togo" and the "Pan-African Prize for the Best Manager of a Financial Authority in Togo." 

Esaïe Edoh

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