Senegal’s General Directorate of Taxes and Property (DGID) achieved a remarkable performance in the first half of 2024, collecting 1,309 billion CFA francs despite a tense political climate at the start of the year.
This represents an increase of 93 billion CFA francs compared with the same period the previous year. A sign of the resilience and strength of the Senegalese economy, according to the institution’s Managing Director, Abdoulaye Diagne.
“As we finalise the figures for July, I can already confirm an increase of 115 billion CFAfrancs This increase reflects not only the good health of the Senegalese economy, but also the civic-mindedness of companies and citizens in terms of taxation,” he declared in an interview with the national television station RTS on Thursday 8 August.
The target set for the second half of the year is 1,381 billion CFA francs, with the aim of reaching an annual total of 2,700 billion CFA francs.
“In June, we collected 320 billion CFA francs. That shows how far we’ve come. Beyond the target of 2,700 billion CFA francs for this year, we will have to meet other challenges in 2025, with an even more ambitious target amount,” Mr. Diagne explained.
This year, particular attention is being paid to property tax. “This tax affects the vast majority of the population. Even if you own a building that you don’t rent out, you still have to file a property tax return. The same applies to undeveloped plots of land, which are subject to a specific tax. These revenues are crucial to the funding of local authorities,” explained the head of the DGID.
ODL/ac/fss/as/APA