The Guyana Revenue Authority (GRA) collected some $225.99 billion in tax revenue for the 2019 fiscal period, with the oil and gas sector contributing significantly, Commissioner General Godfrey Statia disclosed on Friday.
“Our revenue has increased to just under $230 billion or 13.8 percent more than 2018,” Statia said at a press conference.
The $225.99 billion represents an increase of 1.1% above the budgeted estimates for the year and some $27.48 billion or 13.8% above the actual collection for the same period in 2018, Statia highlighted.
