Mmegi

BURS sees “tall order” in P71bn revenue target

Confident: Makgolo says the BURS is committed to meeting its targets and has several initiatives planned for the next financial year PIC: MORERI SEJAKGOMO
Confident: Makgolo says the BURS is committed to meeting its targets and has several initiatives planned for the next financial year PIC: MORERI SEJAKGOMO

The Botswana Unified Revenue Service (BURS) has described its P70.6 billion revenue target for the 2024-25 financial year as a “tall order,” but stressed its commitment to deliver for the country and its citizens.

The revenue service's target for this year amounts to about 76% of the P93.5 billion in revenues government expects to accumulate in 2024-25. The task before the BURS is essentially to collect nearly 80 thebe out of every pula the government expects to receive in the next financial year.

Briefing the media last week, BURS commissioner general, Jeannette Makgolo said government expects the tax agency to step up its revenue maximisation drive by expanding the country’s revenue base and reforming tax laws to improve operational efficiencies.


Editor's Comment
Consult, get buy-ins first for 6 to 6 policy, Hon Minister

While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...

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