Rise in Algeria's Oil Tax Revenues in 2017

published:22/05/2018 04:26 GMT

Tax revenues achieved reached DZD2,127 billion (US$18.3 billion) in 2017 against DZD1,682.6 billion (US$14.5 billion) in 2016, up 26.4%, the Public Relations director at the General Tax Office, Brahim Benali, told APS. In 2017, oil taxes stood at 39.2% of overall budgetary revenues, according to the official. Regular tax resources reached DZD3,306 billion (US$28.5 billion) in 2017 against DZD3,076.4 billion (US$26.5 billion) in 2016, up 60.8% in overall budgetary revenues. The Finance Act...More