The Zimbabwe Revenue Authority (ZIMRA) has said that it expects to collect about $5 Billion in 2018. At the end of November more than $4.3 Billion had been collected, and in December, ZIMRA expects to collect about $600 Million.
Said ZIMRA Commissioner General Faith Mazani,
Cumulative collections since January are positive. We were given a target to collect $600 million during the last month of the year and as of Friday last week, we had collected about $540 million. We are thus confident that we will reach the $5 billion mark by the end of the year
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In Zimbabwe, tax is mostly paid via electronic transfer which means that most of the revenue collected to date is in the form of Transfer “currency”, which currently worth about a third of USD.