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Economy & Business - September 2019

Icefi warns on Central America’s tax revenue

In late July the Guatemala-based think tank Central American Institute for Fiscal Studies (Icefi) issued a report decrying the poor performance of tax revenue accumulation across the region in the first half of 2019. Icefi forecasts that if this continues in the same vein for the rest of the year, Central America’s average tax revenue will fall for the second consecutive year to 13.7% of GDP.

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