Published: 08 January 2018

The Zimbabwe Revenue Authority (Zimra) said it exceeded its 2017 gross annual revenue targets by 17% on the back of robust strategies that were implemented to enhance revenue collection.

Zimra's gross revenue for the year 2017 was $3,978bn while net collections were $3,75bn, which surpassed the target of $3,4bn by $350m.

Zimra said collection a net surplus of $350m, reducing the projected fiscal deficit of $400m by 85,5%.
- Daily News

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