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Tourist tax has already earned Cape Verde 85% of revenues for the entire year

According to a report from the Ministry of Finance on budget execution from January to July, revenues from the tourism tax amounted to CVE 405 million (US$3.6 million), equivalent to 85.3% of the budgeted by the government for the whole year 2022, which is CVE 475 million.

This tax had earned the state coffers in 2021 just over CVE 145 million, so the amount collected in the seven months of 2022 is also almost three times higher than the entire previous year.

This value represents "an exponential increase to the amount collected in the same period of . . .

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