• Tue. Feb 27th, 2024

Senators propose to the government the support for the exemption sector


Jun 2, 2022

GITEGA June 2nd (ABP) – The senators gathered in plenary session, on Tuesday, May 31, 2022, in the hemicycle of Gitega (center of Burundi), unanimously passed the bill on the regulations and budget minutes for the 2020/2021 financial year. The session was marked by the presence of the Minister of Finance, Budget and Economic Planning, Mr. Domitien Ndihokubwayo, who had represented the government to present the bill to senators and enlighten them on the most important aspects of that bill.

During the analysis of the latter, the senators expressed opinions and considerations aiming at the improvement of the services of the ministry responsible for Finance. Among these, there is, among other things, the strategy of unified digitalization of all the services responsible for collecting taxes and duties in order to better control tax entries, and therefore increase the tax base. Here, Minister Ndihokubwayo indicated that he takes good note of it while specifying that the related site is already open. For more information, he indicated that the installation project of the electronic billing machine is advanced. Its application is developed at the level of the Burundian Revenue Office (OBR), he said, adding that taxpayers are already informed and that some of them have started setting up their billing system. Minister Ndihokubwayo also indicated that a legal framework exists before concluding by expressing that he is confident that this system will be gradually generalized in Burundi.

In addition, the senators proposed to the minister to support the sector of exemptions, arguing that they constitute the central job of the development of economic activity, source of the economic growth of the country, they explained. They pointed out the urgent need to disclose the merits of the investment code in general and that of the exemptions in particular, to encourage entrepreneurs to use it.