Tax revenues rose 72% in March

Tax collection in March recorded a 72.2% year-on-year increase due to the combined effect of the economic reactivation, the increase in the rates of some taxes, inflation, the rise in international commodities prices and because March 2020 had ten fewer days of revenue due to the measures against the coronavirus. According to information from the Ministry of Economic, the Treasury collected 767.85 billion pesos ($8.3 bn).

Source: Ámbito